Magic Leap
Founded Year
2010Stage
Debt - II | AliveTotal Raised
$4.524BLast Raised
$590M | 8 mos agoAbout Magic Leap
Magic Leap develops Augmented Reality (AR) technology in the tech industry. Its offerings include an AR platform for enterprises, designed to support workflows, productivity, and return on investment. This technology allows teams to collaborate remotely, conduct reviews with 3D visualization, and provide real-time expertise to frontline workers. The company was founded in 2010 and is based in Plantation, Florida.
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ESPs containing Magic Leap
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The augmented reality (AR) worker assist market aims to improve workforce efficiency and accuracy in various industries such as aerospace, defense, manufacturing, and maintenance. AR technology provides workers with instant access to contextual information and instructions, reducing errors and improving training time. The market offers solutions for optimizing 3D assets for spatial computing devic…
Magic Leap named as Highflier among 15 other companies, including Meta, TeamViewer, and PTC.
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Research containing Magic Leap
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Magic Leap in 3 CB Insights research briefs, most recently on Aug 6, 2024.
Expert Collections containing Magic Leap
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Magic Leap is included in 5 Expert Collections, including AR/VR.
AR/VR
1,505 items
This collection includes companies creating hardware and/or software for augmented reality, virtual reality, and mixed reality applications.
Unicorns- Billion Dollar Startups
1,244 items
Smart Home & Consumer Electronics
1,234 items
This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.
Advanced Manufacturing
6,353 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Future of the Factory (2024)
436 items
This collection contains companies in the key markets highlighted in the Future of the Factory 2024 report. Companies are not exclusive to the categories listed.
Magic Leap Patents
Magic Leap has filed 2131 patents.
The 3 most popular patent topics include:
- virtual reality
- mixed reality
- augmented reality
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
11/19/2020 | 9/17/2024 | Mixed reality, Augmented reality, Virtual reality, Augmented reality applications, Multimodal interaction | Grant |
Application Date | 11/19/2020 |
---|---|
Grant Date | 9/17/2024 |
Title | |
Related Topics | Mixed reality, Augmented reality, Virtual reality, Augmented reality applications, Multimodal interaction |
Status | Grant |
Latest Magic Leap News
Sep 18, 2024
Image Credits: HTC TechCrunch spent some time with the $1,119 Vive XR Elite portable headset that had Meta’s Quest Pro firmly in its sights. The new Vive Focus Vision, which was announced on Wednesday, is a fair bit larger and $1,000 less expensive than that system. The new headset looks to swim in similar waters as Apple’s Vision Pro , Microsoft’s Hololens , and the Magic Leap 2 . It’s a mixed reality headset, meaning it offers VR and passthrough-style AR experiences. It’s also mixed use, aiming at both gamers and enterprise firms. Much like Magic Leap, HTC understands that enterprise is where the money is — especially now that Meta’s loss-leading Quest headsets have come to dominate the casual market. That said, along with its enterprise bonafides, the Vive Focus Vision has enough firepower under the hood to appeal to PC gamers tethered via the DisplayPort. Image Credits: HTC “Vive Focus Vision gives you the best of both worlds, with outstanding standalone capabilities, and DisplayPort mode support for visually lossless PCVR experiences,” says Global Head of Product Shen Ye. “Now, PC gamers can bring the same high-end headsets used in VR arcades into their homes. We’re taking everything to the next level with built-in eye-tracking, stereo color passthrough cameras for depth-correct mixed reality, and even an infra-red sensor for enhanced hand tracking in low-light conditions.” The headset takes a kitchen sink approach to the category. Along with DisplayPort support, it features built-in eye tracking, dual 16-megapixel camera for full color passthrough, depth sensing, and a combined 5k resolution. The display has a 120-degree field of view and can support up to a 120Hz refresh rate. The cooling system has been upgraded — a must for the aforementioned lossless PCVR sessions. There’s also an onboard backup battery that keeps it alive when swapping out the main battery. Preorders open Wednesday. The system should start shipping in mid-October. More TechCrunch
Magic Leap Frequently Asked Questions (FAQ)
When was Magic Leap founded?
Magic Leap was founded in 2010.
Where is Magic Leap's headquarters?
Magic Leap's headquarters is located at 7500 West Sunrise Boulevard, Plantation.
What is Magic Leap's latest funding round?
Magic Leap's latest funding round is Debt - II.
How much did Magic Leap raise?
Magic Leap raised a total of $4.524B.
Who are the investors of Magic Leap?
Investors of Magic Leap include Public Investment Fund, NTT DoCoMo, AT&T Ventures, Axel Springer Digital Ventures, Alibaba.com and 22 more.
Who are Magic Leap's competitors?
Competitors of Magic Leap include Xreal, Rokid, Varjo, RealWear, VSight and 7 more.
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Compare Magic Leap to Competitors
Rokid specializes in augmented reality technology and operates within the consumer electronics and industrial sectors. The company offers AR glasses that provide immersive entertainment and productivity experiences, along with a spatial computing platform for enhanced human-computer interaction. Rokid's products cater to both consumer entertainment, with features like portable cinema and gaming experiences, and industrial applications, including remote collaboration and AI-powered inspections for frontline workers. It was founded in 2014 and is based in Redwood City, California.
0glass, is a developer of industrial-level AR smart glasses.
Xreal develops mixed reality wearables within the consumer electronics sector. It offers mixed reality glasses that provide a wide-screen and vivid display for user experiences. The company offers smart glasses, optical displays, and other visual-related technologies such as spatial positioning and scene recognition. Xreal was formerly known as Nreal. It was founded in 2017 and is based in Haidian, China.
Atheer provides Augmented interactive Reality (AiR), combining the power of 3D augmented reality with gesture-based computing interaction to unlock human productivity. Atheer's AiR SmartGlasses are the industry's only mobile, gesture-controlled see-through smart glasses that allow users to view critical workflow information overlaid onto the real world, making it possible for users to interact with data in a natural way and collaborate with their peers. Using the Atheer AiR Platform, independent developers and companies around the world are now creating productivity applications for use across the enterprise. It was founded in 2011 and is based in Santa Clara, California.
RealWear is a company specializing in the development of industrial smart glasses designed for frontline workers across various sectors. Their products are AI-voice-powered smart glasses that aim to enhance productivity, safety, and efficiency by providing hands-free operation and real-time access to information and expertise. RealWear's solutions are widely adopted in industries such as automotive, mining, oil & gas, warehousing, healthcare, and manufacturing. RealWear was formerly known as WearNext. It was founded in 2016 and is based in Vancouver, Washington.
ThirdEye Gen is a company that specializes in wearable smart technology, augmented and mixed reality software development, and artificial intelligence within the technology industry. The company's main offerings include smart glasses that provide hands-free computing and human interaction by displaying digital information directly in the user's field of view. ThirdEye Gen primarily serves sectors such as field service, healthcare, first response, aerospace, defense, automotive, telecom, and oil and gas. It was founded in 2016 and is based in Princeton, New Jersey.
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