Magic Leap Leads $1.1 Billion Wave of VR and AR Investment

Magic Leap Leads $1.1 Billion Wave of VR and AR Investment

jagiii|10 years ago|Augmented Reality

The stock market may be volatile these days, but the virtual reality and augmented reality industries are riding a high. Ahead of the consumer launches of Facebook’s Oculus Rift and the HTC Vive, over $1.1 billion has already been invested in virtual reality and augmented reality companies in the first two months of 2016 according to Tim Merel, founder and CEO of Digi-Capital.