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Magic Leap

Magic Leap
Type of business Private
Headquarters Dania Beach, FL
Founder(s) Rony Abovitz
Key people Richard Taylor
Graeme Devine
Sundar Pichai
Rio Caraeff
Website magicleap.com
Launched 2010 (2010)
Current status Active

Magic Leap is a US startup company that is working on a head-mounted virtual retinal display which superimposes 3D computer-generated imagery over real world objects, by projecting a digital light field into the user's eye, involving technologies potentially suited to applications in augmented reality and computer vision. It is attempting to construct a light-field chip using silicon photonics.

Magic Leap was founded by Rony Abovitz in 2010 and has raised $1.4 billion from a list of investors including Google and China's Alibaba Group. As of December 2016, the company has not released a product to market, while Forbes estimated that Magic Leap was worth $4.5 billion.

Magic Leap was founded by Rony Abovitz in 2010. In October 2014, when the company was still operating in stealth mode (but already reported to be working on projects relating to augmented reality and computer vision), it had raised more than $540 million of venture funding from Google,Qualcomm, Andreessen Horowitz and Kleiner Perkins, among other investors.Richard Taylor of special effects company Weta Workshop is involved in Magic Leap alongside Abovitz. Science fiction author Neal Stephenson joined the company in December 2014.Graeme Devine is their Chief Creative Officer & Senior VP Games, Apps and Creative Experiences.


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