AI startup building models to automate code generation and software development.
| Date | Round | Amount |
|---|---|---|
| Aug 2024 | Funding round Magic landed $320M led by Eric Schmidt and others to scale its AI code-generation models, alongside a Google Cloud supercomputer partnership. | $320M |
| Jun 2023 | Funding round San Francisco crypto-wallet company Magic raised $52M led by PayPal Ventures at a ~$500M valuation. | $52M |