Swedish legal-tech Legora buys AI legal research start-up Qura
Swedish legal AI company Legora has acquired Qura, a Stockholm-based AI-native legal research start-up.Summary
Swedish legal AI company Legora has acquired Qura, a Stockholm-based AI-native legal research start-up, for an undisclosed amount. This move follows Legora's recent $550 million Series D funding round, which valued the company at $5.55 billion. Legora, formerly known as Leya, provides a collaborative AI platform for legal work, and the acquisition aims to enhance its research capabilities. Qura's team will join Legora's legal research organization to expand their approach to larger markets, including the US. CEO Max Junestrand highlighted Qura's exceptional ability to combine deep legal understanding with AI-native infrastructure, noting that their data infrastructure is crucial for reliable AI reasoning in legal contexts.
(Source：Siliconrepublic.com)