Bill Gates’ daughter lands US$30 million for star-backed AI firm

Source: Tech – South China Morning PostPhoebe Gates, daughter of Microsoft’s billionaire founder Bill Gates and Melinda French Gates, is raising US$30 million in new funding for Phia, a start-up applying artificial intelligence to online shopping, according to a pitch deck seen by Bloomberg.
A spokesperson for the company confirmed the round.
The capital raise will value the New York-based start-up at US$180 million and comes just months after Phia completed its first US$8 million funding round in September.
Phia, which Gates…Read More

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