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Legal tech startup Luminance, backed by the late Mike Lynch, raises $75M
Given Generative AI is very good at interpreting dense texts, it’s been a boon for startups attacking one of the most complex sets of texts there is: the
Claiming to be capable of highly accurate interrogation of all aspects of complex legal issues and contracts, Luminance raised $75 million in a Series C funding round led by Point72 Private Investments. Headcount has, claims the firm, tripled in North America, with the opening of three offices in San Francisco, Dalla,s and Toronto, while the company expanded its US HQ in New York. He has interviewed Tony Blair, Dmitry Medvedev, Kevin Spacey, Lily Cole, Pavel Durov, Jimmy Wales, and many other tech leaders and celebrities.
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