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Announced

Completed

Kindred Ventures led a $100m Series C funding round in Humane.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Contextual computing

technologies and platforms

United States

Private Equity

Single Bidder

Online and Social Platforms

Acquisition

Minority

Private

Venture Capital

Cross Border

Completed

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Synopsis

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Kindred Ventures, a venture capital investment company, led a $100m Series C funding round in Humane, a software platform and consumer device built from the ground up for artificial intelligence, with participation from SK Networks, Microsoft, LG Technology Ventures, Volvo Cars Tech Fund, Top Tier Capital, Hudson Bay Capital, Socium Ventures, Tiger Global, Qualcomm Ventures, Valia Ventures, Forerunner Ventures, Lachy Groom, and Sam Altman. "Our first device will enable people to bring AI with them everywhere. It's an exciting time, and we've been focused on how to build the platform and device that can fully harness the true power and potential of this technology," Imran Chaudhri, Humane Co-Founder.

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