Temasek leads $40m Series B funding in NZ's AI company Soul Machines

FILE PHOTO - A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su

Singapore’s state investor Temasek has led a $40-million investment in New Zealand-based Soul Machines, an AI company developing digital avatars to help businesses engage with customers.

The round was joined by European VC Lakestar, Salesforce Ventures as well as existing investors Horizons Ventures, University of Auckland Inventors Fund and others, the company said in a statement.

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