Lightbringer to boost SMEs’ IP protection with €4.2M funding boost

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Source: Tech.eu

Legaltech company Lightbringer has raised €4.2 million to expand in Europe and the US. The Swedish company has developed an AI-driven platform that enables companies to protect their intellectual property faster, more easily, and cost-effectively.

The platform, built with expertise from experienced patent consultants, functions as a virtual IP department where companies can refine their patent ideas anytime. Abstracting complexity away from patent and IP management, it uses advanced AI technology to identify, analyse, and enhance ideas in real-time.

Luminar Ventures and Alliance VC led the round which included Zenith Ventures and several prominent angel investors from the Nordic tech ecosystem.

Dominic Davies, founder and CEO of Lightbringer, shared: “Our platform provides both small and large companies with the tools they need to build strong patent portfolios – something that has previously been reserved for large corporations with substantial resources. This is the patent service of the future.”

Read the full article: https://tech.eu/2024/12/18/lightbringer-to-boost-smes-ip-protection-with-4-2m-funding-boost/

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