DeepIP funding news – French-based DeepIP Secures $15 Million in Funding

For example, mRNA vaccines were patented by a university and licensed to BioNTech and Moderna to become COVID-19 vaccines. Without patents, most innovations wouldn’t move beyond the lab.

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Unfortunately, the patent filing process hasn’t changed in 30 years. Patent applications are still drafted the same way they were—word by word, document by document. While legal tech has modernized contracts and compliance, patent registration remains trapped in a maze of manual work. DeepIP changes this with AI.

Patents Are Stuck in the Days of Fax Machines

Once an R&D team has completed research and the outcome is found valuable, it is handed over to attorneys who specialize in Intellectual Property (IP) rights. The process is very expensive, costing anywhere from $20K to $100K in lifetime costs, and slow—it might take 2 to 4 years for the patent to be granted, with over 1 million applications awaiting review by the United States Patent and Trademark Office.

Additionally, the process is prone to human error. The literature is complex, the terminology is constantly evolving, and the process is low-tech, relying almost entirely on human-limited cognitive capabilities.

A mistake results in a patent that is non-defensible and therefore useless. The pressure on attorneys is immense, but IP talent is scarce (in the US, becoming a qualified patent practitioner requires 7-10 years and $200,000 in tuition costs) and they are expected to deliver applications faster than ever—down from 40 hours in the 1990s to just 20 hours today.

However, the way they work has not changed. Aggravating things, as research becomes more advanced, demands continue to grow at a +4.4% compound annual rate, with 3.5 million patent applications filed worldwide.

Co-founders François-Xavier Leduc (CEO) and Edouard d'Archimbaud (CTO) have spent the past five years creating AI solutions for research-driven institutions like Airbus, IBM, and SAP. They have mastered transforming data into reliable AI—meeting and even exceeding the stringent security standards of the U.S. Department of Defense.

Trustworthy AI for Patent Practitioners

Bringing together top AI and engineering talent from leading universities with experienced patent practitioners in NYC, DC, and Paris, DeepIP serves patent professionals by aligning with the way they work.

The product combines third-party models, proprietary models, and unique data access for better performance and far fewer AI hallucinations. It supports patent practitioners in their daily tasks across patent preparation, drafting and prosecution.

“There have never been as many innovations that could be protected and create more value for the entire economy. Yet, the way we manage the patents that make this possible hasn’t evolved fast enough. We built DeepIP through continuous feedback loops with the 50 largest U.S. IP law firms, refining our AI to deliver with precision and legal rigor. By combining cutting-edge AI with deep legal expertise, we’re pioneering a new era where patent professionals collaborate seamlessly with AI to work faster, smarter, and more strategically. We augment, not replace,” says CEO François-Xavier Leduc. "The product-market fit was almost immediate," he continues. "As one customer put it: 'I already have five colleagues who told me, If you don’t buy this for the firm, I will go buy it myself."

DeepIP estimates the global IP law services industry to be worth $42B per year, with an immediately addressable market worth $1.3B. Today’s $15M Series A funding round is led by AI fund Resonance, with participation from Headline (Mistral AI) and Serena Capital (Dataiku), with Balderton also on the cap table.

The company will use the funding to expand its operations in the U.S. and Europe, evolving its current productivity assistant toward a more agentic approach and continuing to add intelligence features.

Maxime Le Dantec from Resonance said, "DeepIP is the fastest startup I’ve ever seen reach 7 figures in ARR in 7 months! To me, this is a clear testament to the massive productivity gains DeepIP is bringing to patent practitioners. I’m convinced that DeepIP will become an essential part of every IP law firm’s operations in the years to come. Having partnered with François-Xavier and Edouard on their first company, Kili, I’m thrilled to join them again on this new journey with us”.

About DeepIP

DeepIP is your trusted AI patent assistant. They unleash Gen AI so patent practitioners draft better patents faster and get more results. They believe a revolution has started. The status quo is no longer an option. The day-to-day work of tomorrow's IP practitioners will be radically different. It will involve close collaboration with AI, which will handle the heavy work, propelling them towards excellence.