# Magic Leap funding: rounds and investors > Magic Leap has raised $2.8B across 7 rounds since 2014. Investors include Andreessen Horowitz, Fidelity and Kleiner Perkins Caufield & Byers. Source: https://millionrounds.com/company/magic-leap (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Magic Leap* 7 rounds we have observed, with the 31 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. VR & AR Valuation: $2.0B, Mar 2026 Funding summary Updated 26 Oct 2026 **$2.8B** raised across 7 rounds since 2014, from 7 sources **$50M** Series A **$542M** Series B **$794M** Round **$502M** Series D **$461M** Series D **$280M** Round **$205M** Growth - **Latest round:** Growth, $205M Oct 2025 - **Biggest round:** $794M Round · Feb 2016 - **Investors:** 31 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2014 2016 2018 2020 2022 2024 **$50M** Series A **$542M** Series B **$794M** Round **$502M** Series D **$461M** Series D **$280M** Round **$205M** Growth - **First round:** Series A, $50M - **Biggest round:** $794M - **Usual gap between rounds:** 15 months [**Magic Leap** Ar/vr 1 / 39 Their pitch deck **Magic Leap's pitch deck, 39 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/magic-leap) ## The rounds - **Oct 2025** Growth **$205M** *2 new* *3 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Source recorded - **Apr 2019** Round **$280M** *1 new* [NTT DoCoMo](https://millionrounds.com/fund/ntt-docomo) Reported by Nytimes - **Mar 2018** Series D **$461M** *3 new* *3 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [EDBI](https://millionrounds.com/fund/edbi) [Alibaba](https://millionrounds.com/fund/alibaba) [Janus Henderson](https://millionrounds.com/fund/janus-henderson) [Grupo Globo](https://millionrounds.com/fund/grupo-globo) Reported by FinSMEs - **Oct 2017** Series D **$502M** *4 new* *1 returning* [Temasek/ EDBI](https://millionrounds.com/fund/temasek-edbi) Lead [Fidelity](https://millionrounds.com/fund/fidelity) [Alibaba Group](https://millionrounds.com/fund/alibaba-group) [Janus Henderson](https://millionrounds.com/fund/janus-henderson) [Grupo Globo](https://millionrounds.com/fund/grupo-globo) Reported by TechCrunch - **Feb 2016** Round **$794M** *14 new* *4 returning* Alibaba Group Holding Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Google Ventures](https://millionrounds.com/fund/gv) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Fidelity](https://millionrounds.com/fund/fidelity) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [KKR](https://millionrounds.com/fund/kkr) [Alphabet](https://millionrounds.com/fund/alphabet) [Biz Stone](https://millionrounds.com/fund/biz-stone) [Peter Diamandis](https://millionrounds.com/fund/peter-diamandis) [K2 Global](https://millionrounds.com/fund/k2-global) JPMorgan Chase & Co Legendary Entertainment Source recorded - **Oct 2014** Series B **$542M** *7 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) [Google](https://millionrounds.com/fund/google-assistant-investments) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) [KPCB Holdings](https://millionrounds.com/fund/kpcb-holdings) [Legendary Entertainment](https://millionrounds.com/fund/legendary-entertainment) From a historical funding record - **Feb 2014** Series A **$50M** No investor was named in the report. From a historical funding record ## Founders and team From Magic Leap's own website: 1 on the team. - **Dr. Julie Frish** Senior Research Engineer ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2014 **Series B** 2014 **Round** 2016 **Series D** 2017 **Series D** 2018 **Round** 2019 **Growth** 2025 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Fidelity](https://millionrounds.com/fund/fidelity) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) [Janus Henderson](https://millionrounds.com/fund/janus-henderson) [Grupo Globo](https://millionrounds.com/fund/grupo-globo) [Temasek/ EDBI](https://millionrounds.com/fund/temasek-edbi) L ## Everyone who backed them [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **3** rounds [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **3** rounds [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds [Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **2** rounds [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **2** rounds [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Corporate VC **2** rounds [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Accelerator **2** rounds [Janus Henderson](https://millionrounds.com/fund/janus-henderson) Hedge fund **2** rounds [Grupo Globo](https://millionrounds.com/fund/grupo-globo) Growth equity **2** rounds [Temasek/ EDBI](https://millionrounds.com/fund/temasek-edbi) Growth equity **1** round, led 1 Alibaba Group Holding no record of our own yet **1** round, led 1 [Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round [Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round [JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round [Google](https://millionrounds.com/fund/google-assistant-investments) Accelerator **1** round [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **1** round [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) Family office **1** round [Alibaba Group](https://millionrounds.com/fund/alibaba-group) Corporate VC **1** round [EDBI](https://millionrounds.com/fund/edbi) VC firm **1** round [Alibaba](https://millionrounds.com/fund/alibaba) Growth equity **1** round [KKR](https://millionrounds.com/fund/kkr) VC firm **1** round [KPCB Holdings](https://millionrounds.com/fund/kpcb-holdings) Investment firm **1** round [NTT DoCoMo](https://millionrounds.com/fund/ntt-docomo) VC firm **1** round [Alphabet](https://millionrounds.com/fund/alphabet) VC firm **1** round [Biz Stone](https://millionrounds.com/fund/biz-stone) Angel **1** round [Peter Diamandis](https://millionrounds.com/fund/peter-diamandis) Angel **1** round [K2 Global](https://millionrounds.com/fund/k2-global) VC firm **1** round [Legendary Entertainment](https://millionrounds.com/fund/legendary-entertainment) Growth equity **1** round JPMorgan Chase & Co no record of our own yet **1** round Legendary Entertainment no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magic-leap). ## Also claim to have backed them These 2 firms list Magic Leap as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Innovationsstiftung der SZKB](https://millionrounds.com/fund/innovationsstiftung-der-szkb) VC firm Per its own site [Legal Capital](https://millionrounds.com/fund/legal-capital) Private equity Per its own site ## Quick answers about Magic Leap ### Who invested in Magic Leap? Magic Leap's investors include Andreessen Horowitz, Fidelity, Kleiner Perkins Caufield & Byers, Wellington Management and Morgan Stanley Investment Management, and 26 more on record. ### How much has Magic Leap raised? Magic Leap has raised $2.8B across 7 rounds since 2014. ### When did Magic Leap last raise? Magic Leap's most recent round was a Growth of $205M in Oct 2025. ### What was Magic Leap's biggest round? Magic Leap's largest round on record is $794M, in Feb 2016, led by Alibaba Group Holding. ### Who backed Magic Leap first? Magic Leap's first round on record, in Oct 2014, was backed by Andreessen Horowitz, Kleiner Perkins Caufield & Byers and Qualcomm Ventures and 4 others. ### What stage is Magic Leap at? Magic Leap's latest named round is a Growth, in Oct 2025. ### Where is Magic Leap based? Magic Leap is based in the United States. ### Who led Magic Leap's rounds? Alibaba Group Holding led the funding round in 2016; Temasek/ EDBI led the Series D in 2017. ## Companies like Magic Leap In the same sector, and raised in the last eighteen months. [**XRHealth** $23M · Sept 2026](https://millionrounds.com/company/xrhealth)[**Virtualitics** $36M · Sept 2026](https://millionrounds.com/company/virtualitics)[**Provision Surgical** $250K · Sept 2026](https://millionrounds.com/company/provision-surgical)[**Avatar Robotics** $6.5M · Aug 2026](https://millionrounds.com/company/avatar-robotics)[**Tap Systems** $71K · Jul 2026](https://millionrounds.com/company/tap-systems)[**Kai XR** $2.6M · Jul 2026](https://millionrounds.com/company/kai-xr) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app