Venture Capital: Humane, Founded by An Ex-Apple Husband-Wife Duo, Raises $100M For AI-Centric Consumer Device
Humane was founded in 2018 by ex-Apple team Imran Chaudhri and Bethany Bongiorno.
Humane, a software platform and consumer device builder focused on artificial intelligence (AI), has raised $100m in a Series C funding round. The round was led by Kindred Ventures and featured participation from Microsoft, SK Networks, LG Technology Ventures, Volvo Cars Tech Fund, Top Tier Capital, Hudson Bay Capital, and Socium Ventures, as well as existing investors Tiger Global, Qualcomm Ventures, Valia Ventures, Forerunner Ventures, Lachy Groom, and Sam Altman, founder of OpenAI. (Humane)
A first-of-its-kind software platform and consumer device built from the ground up for AI
The company aims to deliver the next era of personal mobile computing driven by AI. Its device and platform will allow for the creation of AI-driven experiences that feel natural, fun, and useful. The company’s initial device will focus on delivering the next generation of personal technology, but it is exploring ways to bring its solutions into new personal domains in the future.
Humane’s mission is to fundamentally reshape the role of technology in people’s lives by harnessing the true power and potential of AI.
The somewhat hush-hush startup has secured collaborations with Microsoft, OpenAI, SK Networks, LG, and Volvo Cars, with plans to expand globally.
Steve Jang, Founder and Managing Partner of Kindred Ventures, commented: “After serving in their past lives as an integral part of building the smartphone era of computing, this incredible team has been laser focused on enabling and amplifying human ideas, actions, moments, and modalities in a more creative and delightful way. As we enter into this next wave of AI, we’re so inspired by Humane’s mission to develop a device and services platform designed and built from ground up for this new world, and we welcome our existing and new co-investors and strategic partners to this transformational journey.”
“Our products are built on an integrated device and cloud platform that will allow us, and others, to create AI-driven experiences that feel natural, fun, and needed,” said Patrick Gates, CTO of Humane.
Related Story: Snap Mulling AR Glasses Powered By Generative AI
Image credit: Humane
Latest Alternative Investment News
Digital Assets: Ledger, Maker Of Crypto Security Hardware, Raises Nearly All Of $100M Series C Round
Paris-based startup Ledger, which makes hardware wallets for cryptocurrency investors, has raised €100m ($109m) in funding, valuing the company at €1.3bn. The round was led by investors including Digital Finance…
FinTech: Cogo And Eliq Partner To Help Banking Customers Enhance The Energy Efficiency Of Their Homes
Cogo, a fintech which collaborates with banks to assist customers in decreasing their carbon footprint as a carbon footprint management firm, is partnering with Eliq, a company that specializes in…
Venture Capital: The LSP Dementia Fund Closes €260M (US$283M) To Address Dementia, One Of The Most Significant Health Crises Of Our Era
The LSP Dementia Fund has reached a final close at €260 million (US$ 283 million), surpassing its initial target of €100 million. The fund, which is managed by EQT Life…
Artificial Intelligence: The DAGGER AI Model Gives Advance Warning Of Dangerous Solar Storms
Researchers have developed an AI-based model that combines satellite data and machine learning to predict where an impending solar storm will strike on Earth, offering 30 minutes of advance warning….