UK filing offers glimpse of Soul Machines' financials

UK filing offers glimpse of Soul Machines' financials
Soul Machines' digital humans have struggled to attract the revenue needed to keep the company thriving. (Image: Soul Machines)
Ben Moore
Soul Machines was under serious financial pressure by mid-2023, according to filings at the United Kingdom's Companies House.The founders of the embattled digital human replica startup recently stepped down as directors after months of cutbacks and redundancies.The document filed on Oct 12, 2023, included a reference to the directors filing the UK-based Soul Machines Europe year-end financial report with the company as a going concern as the New Zealand-based parent backed it.However, the auditors referred to concerns raised in the parent c...

More Technology

Why Infratil's scale rule applies to everyone
Markets

Why Infratil's scale rule applies to everyone

Assets which haven't hit billion-dollar rule will get focus in due course, CEO says.

Kami co-founders win EY Entrepreneur of the year
News in Brief

Kami co-founders win EY Entrepreneur of the year

Kami co-founders Alliv Samson and Hengjie Wang have been crowned EY Entrepreneur of the Year for 2025.The ed-tech platform founders also won the tech and emerging industries entrepreneur category.The pair will now represent New Zealand at the EY World Entrepreneur of the Year eve...

Digital Investment Plan expected this month
Policy

Digital Investment Plan expected this month

Health NZ to release its 10-year Digital Investment Plan in Christchurch.

How Xero's big Melio buy could double revenue
Markets

How Xero's big Melio buy could double revenue

CEO Sukhinder Singh Cassidy has marked three years at Xero with a chunky new goal.