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Magic: Saudis joining Temasek/ GIC deal

In GIC, Temasek on 05/03/2018 at 4:06 am

FT reported that the Saudi Public Investment Fund was is in talks to invest as much as U$400m in Magic Leap at a $6bn valuation even though the start-up has yet to even put one of its augmented reality glasses on the market. Temasek invests in Magic

DoorDash has raised $535 million from SoftBank’s Vision Fund, GIC of Singapore and Sequoia Capital for a $1.4 billion valuation. (Recode)

 

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