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Articles about "legaltech"

tech.eu

Lexroom Raises $50M to Expand Legal AI Across Civil Law Europe

Lexroom, a Milan-based legal AI provider, has secured $50 million in Series B funding led by Left Lane Capital to expand its AI platform across Europe’s civil law jurisdictions. The company focuses on data-driven AI tools for legal professionals, relying on verified legal sources to improve accuracy and reliability. Lexroom aims to enter Spain and Germany with local teams and adapted solutions.

tech.eu

Legora Raises $550M to Expand AI Legal Platform in US

Swedish legaltech company Legora has raised $550 million in a Series D funding round, reaching a $5.55 billion valuation to support its US expansion. The AI-powered platform aims to accelerate its growth in key American legal markets after notable client acquisitions. Legora now operates in several major US cities and supports legal teams across 50 markets.

tech.eu

Avvoka Raises £14 Million to Advance AI Drafting Tools for Law Firms

UK-based legaltech company Avvoka has secured £14 million in growth funding to expand its AI-powered drafting platform for law firms. The investment, led by Valhalla Ventures, will support Avvoka’s growth in the United States and ongoing development of its automation infrastructure. The platform leverages large language models to help legal teams standardize and scale document drafting workflows.

tech.eu

Luminance Launches Most Significant Upgrade to Legal AI Platform in a Decade

UK-based legaltech pioneer Luminance has unveiled its most substantial upgrade in ten years, introducing a new platform architecture designed to retain critical negotiation context and streamline enterprise contract management through advanced AI. The relaunch strengthens Luminance’s position as a key European innovator in specialized legal AI, promising major efficiency gains for organizations worldwide.

tech.eu

Orbital Secures $60M to Transform Real Estate Legal Workflows with AI

AI-driven startup Orbital has raised $60 million in Series B funding to further automate the legal processes underpinning real estate transactions in the US and UK. The company aims to bring much-needed transparency and efficiency to a traditionally manual and fragmented sector through its dedicated platform.

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