Soul Machines, a San Francisco, CA-based artificial intelligence (AI) specialist, and ‘digital people’ developer, secured $70 million in Series B1 financing.
The round was led by new investor SoftBank Vision Fund 2, which includes additional participation from new investors Cleveland Avenue, Liberty City Ventures, and Solasta Ventures.
Existing investors including Temasek, Salesforce Ventures, and Horizons Ventures also participated in the fresh funding round, which brings total investment in the company to US$135 million.
The company plans to use its latest investment to continue its rapid growth in the enterprise market, with a specific focus on continuing its deep tech research on its so-called Digital Brain technology.
Company: Soul Machines Limited.
Raised: $70.0M
Round: Series B1
Funding Month: February 2022
Lead Investors: SoftBank Vision Fund 2
Additional Investors: Cleveland Avenue, Liberty City Ventures, Solasta Ventures, Temasek, Salesforce Ventures, and Horizons Ventures
Company Website: https://www.soulmachines.com/
Software Category: Autonomous animation platform
About the Company: Soul Machines was founded in 2016 by serial tech entrepreneur Greg Cross and Academy Award winner Mark Sagar. Soul Machines believes every sector will deploy digital people as a digital workforce to represent themselves and their brands in the metaverse. Soul Machines is a leader in the creation of autonomously animated digital people in the digital worlds of today and the metaverse. The company brings digital workforces to life for some of the biggest brands in the world as they imagine and innovate the future of brand interaction and the personal customer experience in the way they do business. Soul Machines is creating digital twins of celebrities to reimagine the future of digital entertainment and fan engagement.
Source: https://www.reseller.co.nz/article/695328/soul-machines-deepens-enterprise-play-70m-funding-round/ https://www.soulmachines.com/2022/02/soul-machines-raises-us70m-to-advance-the-way-digital-people-deliver-interactive-experiences-in-the-metaverse/