Topic

Lerer Hippeau

Magic Closes $10M in Funding to Bring AI Into the Real World

Insider Brief PRESS RELEASE — Magic, a company building AI for real-world experiences, is announcing $10 million in seed funding led by venture capital firm Lerer Hippeau, with participation from Bling Capital, Floodgate, and

3 Nov 2025 · 4 min read

Lerer Hippeau

Magic Closes $10M in Funding to Bring AI Into the Real World

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Lerer Hippeau

Magic Closes $10M in Funding to Bring AI Into the Real World

Trending today

Formic Raises $50M to Expand From Factory Automation Into General-Purpose Robotics

Enact Emerges From Stealth With $30M in Pre-Seed Funding to Build Force-and-Touch Robot Intelligence

Kevel Announces $52M in Funding to Scale AI-Driven Infrastructure for the Future of Commerce Media

Neura Unveils 4NE1 Gen 4 Humanoid as €17M Munich RoboGym Opens

OpenAI Reportedly Seeks $30B at $1.25T Valuation Ahead of IPO

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