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.
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