Swedish AI patent platform Lightbringer raises €8.6 million to “take on Big Law” and replace existing patent firms – BeBeez International
Summary
Lightbringer, a Malmö-based AI-powered LegalTech startup founded in 2023 by Dominic Davies, Ola Wassvik, and Markus Andreasson, raised €8.6 million in Series A funding co-led by 6 Degrees Capital and Newion to accelerate its U.S. expansion and product development. The platform combines AI with in-house patent attorneys to offer enterprise-grade intellectual property protection directly to DeepTech startups and SMEs, cutting typical patent filing timelines from two months to a few days and reducing costs by about 50% via a fixed-price subscription. Since launching in 2024, Lightbringer has assisted over 200 DeepTech companies across 17 countries, including firms like TERASi, Arctic Ravn, DIASENSE, and Cler, and plans to use the new capital to deepen its U.S. presence, with CEO Dominic Davies relocating to lead operations there, while continuing to challenge traditional patent law firms.
(Source:Bebeez)