On Monday, German newspaper and digital publisher Axel Springer announced its role as the latest company to invest in Magic Leap. This is just the latest in a series of investments the augmented reality company has garnered from the likes of Google, Qualcomm, Alibaba, Legendary Entertainment, Warner Bros., and others amounting to almost $2 billion in overall funding.
However, in this case, Axel Springer hasn’t revealed exactly how much it’s investing in the cutting edge startup.
“Axel Springer Digital Ventures participated in a round of financing of Magic Leap,” read a statement on the… more
Source: Magic Leap Lands a New Investor from Europe’s Media Sector
