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Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund a majority stake in the company (Matthew Field/Telegraph)

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Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund a majority stake in the company (Matthew Field/Telegraph)
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Matthew Field / Telegraph:

Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia’s sovereign wealth fund a majority stake in the company  —  Saudi Arabia has taken control of US augmented reality company Magic Leap, The Telegraph can reveal, as the company taps up investors for a further $450m.



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