Friday 22 November 2024
 
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Magic Leap

Saudi PIF mulls $400m fuding in US startup Magic Leap

Saudi Arabia’s sovereign wealth fund Public Investment Fund is in talks to invest as much as $400 million in Florida-based Magic Leap in a deal that would take the US tech start-up’s total fundraising to $2.3 billion, even though its

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Saudi PIF mulls $400m fuding in US startup Magic Leap

Saudi Arabia’s sovereign wealth fund Public Investment Fund is in talks to invest as much as $400 million in Florida-based Magic Leap in a deal that would take the US tech start-up’s total fundraising to $2.3 billion, even though its

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