UniServices on board for latest Soul Machines funding round

Sun, 28 Oct 2018

By Paul McBeth Oct. 29 (BusinessDesk) - Auckland University's UniServices has joined Mercedes-Benz in the latest Soul Machines fund-raising round, injecting US$2 million into the local artificial intelligence firm. Soul Machines' chief business officer Greg Cross said the AI research firm was seeking to raise about US$20 million in the latest round, with Mercedes-Benz chipping in US$7 million through a convertible note on Oct. 1. UniServices, an initial shareholder in the firm, invested as part of a wider US$8 million offer. Soul Machine...

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