Embargoed 5am Wednesday: Mark Sagar's Baby X technology spin-out gains US$7.5 million in venture capital funding

Tue, 22 Nov 2016

By Fiona Rotherham Nov. 22 (BusinessDesk) - Embargoed to 5am Wednesday Mark Sagar, the Oscar-winning Auckland University professor behind the world-renowned Baby X intelligent, emotionally responsive avatar, has launched a spin-out company, Soul Machines, after attracting US$7.5 million in a series A financing round led by Horizon Ventures with Iconiq Capital. Soul Machines is developing human-like avatars that enrich the user experience for customers and markets adopting artificial intelligence-based platforms. It’s building on the te...

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