SynthBee has raised $20M.
SynthBee has raised $20M.
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Magic Leap founder is back with $20M funding round for SynthBee

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

SynthBee, started by Magic Leap founder Rony Abovitz, has raised $20 million in funding to create a new kind of “computing intelligence.”

The company is based in Fort Lauderdale, Florida, the same place where Magic Leap grew up with the promise of mixed reality computing. The money is aimed at helping the company expand and build out the team around its proprietary computing intelligence platform.

Crosspoint Capital Partners (Crosspoint Capital) led the round.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.