Soul Machines Raises $7.5M in Series A Financing

Funding Rounds

▤ Summary

Soul Machines, an Auckland, New Zealand-based developer of intelligent, emotionally responsive avatars, raised $7.5m in Series A financing.The round led by Horizons Ventures with participation from Iconiq Capital.In conjunction with the funding, Phil Chen of Horizons Ventures, joined Soul Machines as executive chairman.A University of Auckland spinout company was built on the Baby X technology created by Dr. Mark Sagar and his engineering research team at the University’s Laboratory for Animate Technologies based in the Auckland Bioengineering Institute, Soul Machines is a developer of intelligent, emotionally responsive avatars that augment and enrich the user experience for Artificial Intelligence (AI) platforms.In addition, New Zealand-based technology entrepreneur Greg Cross has also joined Soul Machines to accelerate commercialization.

$ Funding

$
Amount $7.5M Total raised
□
Date November 22, 2016 Announcement date
◎
Investors - Lead investors
▥
Company http://www.soulmachines.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Artificial Intelligence Software Development SaaS

▦ Linked Companies

Soul Machines
$10M to $25M