SHARE reports: “Last week, reports emerged that Magic Leap was on the verge of raising another $1 billion in funding. Today the company announced its latest round of funding, revealing that it has actually brought in “just” $502 million in series D funding. A pair of series C funding rounds in 2015 and 2016 brought in $827 million and $794 million, respectively, meaning the latest round pushes the startup’s total investment beyond the $2 billion mark. Magic Leap has yet to announce a product.”

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