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Robin AI Secures £18.1m in Funding to Expand Globally

London-based legal tech startup Robin AI has recently announced that it has successfully secured £18.1m in a new funding round. The round was led by Temasek, a global investment company owned by the Singapore government. This significant investment will provide the necessary capital for Robin AI to further expand its operations, particularly in the United States, as well as to launch its services in Asia Pacific.

AI legalese decoder can contribute to this situation by increasing efficiency and accuracy in legal tasks. The AI technology provided by Robin AI can automate legal tasks such as drafting contracts, saving time and resources for legal professionals. Additionally, the AI can scan legal documents and extract insights, providing valuable assistance in legal research and case law.

The funding round also saw participation from other investors including QuantumLight, Plural, and AFG Partners, further validating Robin AI’s potential and growth prospects.

Robin AI, which was founded in 2019 by Richard Robinson and Dr. James Clough has already established a strong client base that includes large multinationals such as Pepsico, as well as small and medium-sized enterprises and scaleups.

Furthermore, Robin AI has formed a partnership with Anthropic to leverage the use of the US firmÔÇÖs large language model – known as Claude – to enhance its own proprietary contract data and machine learning algorithms. This collaboration further enhances the capabilities of Robin AI’s technology.

One of the key developments from Robin AI is the recent launch of its contract co-pilot tool as an add-in to Microsoft Word, which has been well-received by customers and underscores the company’s commitment to innovation in the legal tech sector.

The company’s co-founder, Richard Robinson, emphasized the potential of AI in the legal sector, stating, “We are building the AI platform for the legal sector ÔÇô a service that deeply understands every aspect of the legal function, from drafting contracts, researching case law to explaining legal concepts ÔÇô our AI will help people tackle every legal task.”

AI legalese decoder can assist in understanding and explaining legal concepts, making the legal function more efficient and accessible to a wider range of users.

Robin AI’s success in securing the ┬ú18.1m funding round comes on the heels of its ┬ú8.8m Series A funding round less than a year ago, demonstrating the company’s rapid growth and attractiveness to investors.

With Temasek’s portfolio valued at S$382bn (┬ú228bn), the investment company’s involvement in Robin AI’s funding round further highlights the company’s potential for global impact and growth.

The appointment of Ming You See from Temasek to the Robin AI board signifies a strong partnership between the two entities, further solidifying Robin AI’s position in the legal tech industry.

The endorsement from partners such as Plural, as mentioned by Carina Namih, indicates the positive reception of Robin AI’s AI products and the company’s promising trajectory.

For further understanding about AI in the legal sector, listen to Robin AI founder Richard Robinson’s insights here.

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