Lightbringer funding news – Legaltech Company Lightbringer has Secured €4.2 Million in Funding

The platform acts like a virtual IP department, allowing companies to refine their patent ideas anytime. It simplifies patent and IP management by using AI to analyze and improve ideas in real-time. Expert patent attorneys ensure the final product meets professional standards.

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Investor of the round

The funding round was led by Luminar Ventures and Alliance VC, with participation from Zenith Ventures and several angel investors from the Nordic tech ecosystem.

The global patent industry is worth over €90 billion, and Lightbringer focuses on serving small and medium-sized enterprises (SMEs) and startups that have traditionally struggled with the high cost and complexity of patent protection.

According to Daniel Karsberg, partner at Luminar Ventures, the company’s unique strategy of using AI to deliver high-quality patent solutions without relying on traditional law firm models has already demonstrated impressive results: "In an age where artificial intelligence can analyse millions of documents in seconds, we're still processing patents like we're reading them by candlelight. The system isn't just ready for disruption – it's begging for it.”

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.”

Since launching its subscription model in May 2024, Lightbringer has grown quickly and added important new features to help customers protect and strengthen their ideas. The funding will be used to improve the platform and expand the company's presence internationally.

About Lightbringer

Lightbringer is the complete solution for patent protection. Easily manage your patent process with our digital, AI-powered platform.