Tuesday, January 14, 2020

Soul Machines raises US$40 million to advance human-machine collaboration

KUALA LUMPUR, Jan 10 -- Soul Machines recently announced its US$40 million series B financing, led by Temasek from Singapore. (US$1 = RM4.09)

Soul Machines is an AGI Research company, developing the world’s leading Autonomous Animation platform to help humanise brands and the ways people engage with them.

According to a statement, the funds will be used to continue expanding globally with specific focus on R&D and increasing its global operating footprint to meet growing demand.

The investment also involved participation from Lakestar, a leading European Venture Fund, and Salesforce Ventures, along with further investment from existing investors Horizons Ventures, University of Auckland Inventors Fund and others from their earlier rounds.

Soul Machines was founded by Academy Award winner, Mark Sagar and serial entrepreneur, Greg Cross in 2016 when it was spun out of the University of Auckland.

Together, technology pioneers Sagar and Cross are fusing AI, computational brain models and experiential learning to usher in a new era of customer experience.

With Soul Machines’ technology, their clients’ Digital Heroes are able to democratise personal experience in a way that has not been previously possible.

Soul Machines has deployed its HumanOS™ platform and created Digital Heroes for some of the biggest global brands in retail, automotive, banking and finance with customers including Procter & Gamble, Bank ABC and The Royal Bank of Scotland.

-- BERNAMA

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