University of Auckland Inventors Fund has contributed to a $40m series B round for AI-based avatar developer Soul Machines, with the investment led by Temasek.
Soul Machines, a New Zealand-based artificial intelligence (AI)-powered avatar platform spun out of University of Auckland, yesterday received $40m in a series B round featuring the institution’s Inventors Fund.
Singaporean state-owned investment firm Temasek led the round, which also included Salesforce Ventures, the corporate venturing subsidiary of enterprise software producer Salesforce.
Lakestar, Horizons Ventures and several unnamed existing shareholders also contributed to the round.
Daimler Financial Services, the financial and mobility services subsidiary of carmaker Daimler, was…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
