Bulletins

Magic Leap has raised another $500 million, readies new headset

The device will be available in 2022.

Magic Leap 2

Magic Leap's new headset

Photo: Magic Leap

Augmented reality startup Magic Leap has raised a new $500 million round of funding at a $2 billion valuation, CEO Peggy Johnson told CNBC on Monday. The company is also getting ready to release a new version of its AR headset, which ditches the owl-face design for a more glasses-like form factor.

Magic Leap 2 is supposed to have twice the field-of-view when compared to the previous generation. The device will be available in 2022, but Johnson didn't share any pricing details.

Johnson previously told Protocol that the company was aiming to make Magic Leap widely available during the first quarter of next year.
Janko Roettgers

Janko Roettgers (Twitter, Mastodon) used to be a senior reporter at Protocol, reporting on the shifting power dynamics between tech, media, and entertainment, including the impact of new technologies. Previously, Janko was Variety's first-ever technology writer in San Francisco, where he covered big tech and emerging technologies. He has reported for Gigaom, Frankfurter Rundschau, Berliner Zeitung, and ORF, among others. He has written three books on consumer cord-cutting and online music and co-edited an anthology on internet subcultures. He lives with his family in Oakland.

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