I’m very excited to announce that Horizons Ventures, the venture capital fund fully owned by Mr. Li Ka-shing , together with Harbor Pacific Capital has invested $5 million dollars in Ginger! Ever since I first started to work with Horizon Ventures while still at Facebook back in 2007, I knew that I wanted to work together with them again. Horizon’s unique passion for education and artificial intelligence coupled with a unique global network (especially in Asia) and a very strong “can do” approach, was my main reason for choosing them as an investor.
I am also very excited that Frank Meehan will be joining Ginger’s board. Frank and I worked together on the partnership between Facebook and INQ Mobile which resulted in the award-winning INQ1 at the Mobile World Congress in February 2009. Beside being a VC with Horizons Ventures, Frank is also active as the CEO & founder of the exciting London-based Kuato Studios leveraging AI and gaming technology to teach children computer programming.
I am also very happy that Harbor Pacific Capital, a small venture capital firm with close connections to Li Ka-shing has invested in Ginger as well. Harbor Pacific Capital has invested in companies great companies like Evernote and Palantir just to mention a few and are very active in Asia.
With these great new partners on board and with some more fuel in the tank, it’s time to get things done!
Techcrunch: Money Talks: Ginger Software Raises another $5.4M Led by Horizons and Harbor Pacific for Speech Apps.
Bloomberg: Li Ka-shing Acquires stake in Language Company Ginger
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