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MAGICBIT logo — Redefining Innovation

MAGICBIT

Redefining Innovation

Founded 2019 Sri Lanka Sri Lanka 20 employees Pre Seed Total: $120.00K AI, Consumer Electronics +2

General Information

Company Name MAGICBIT
Founded Year 2019
Location Sri Lanka Sri Lanka +1
Employees 20
Industries AI, Consumer Electronics, Education +1
Funding Stage Pre Seed
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About MAGICBIT

MAGICBIT is an innovative development platform redefining the way technology is learned and practiced. Founded in 2019 in Sri Lanka, MAGICBIT offers a comprehensive approach to smart tech, covering a wide array of areas including electronics, robotics, Internet of Things (IoT), and computer programming. In its latest funding round on 25 October 2021, the company secured an investment of $120.00K from prominent investors such as Hyperion Ventures, Lankan Angel Network (LAN), and Mano Sekaram. With its focus on consumer electronics, education, and robotics, MAGICBIT presents an intriguing opportunity for venture capital firms looking to invest in the future of tech education and innovation.

Taxonomy: development platform, innovation, electronics, robotics, Internet of Things, computer programming, smart tech, learning platform

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Pre Seed Round •••••• 3 •••• •••• 25 Oct 2021

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FAQ About MAGICBIT

Redefining Innovation
MAGICBIT was founded in 2019.
MAGICBIT is headquartered in Sri Lanka.
MAGICBIT operates in the following industries: AI, Consumer Electronics, Education, Robotics.
MAGICBIT has approximately 20 employees.
MAGICBIT has completed 1 funding round, raising a total of $120.00K. The latest funding stage is Pre Seed.
Top alternatives and competitors to MAGICBIT include aahaa technologies, Starwhale, RemotiveLabs, Rivo, WOM. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MAGICBIT and aahaa technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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