2 years ago

Robin AI Secures $26 Million for US Expansion and Asia Pacific Launch

  • Robin AI, a London-based legal tech company, has raised $26 million in a Series B funding round led by Temasek, a global investment company owned by the Singapore government

  • The funding will be used to fuel Robin AI's US expansion and launch in Asia Pacific

  • Other investors in the round include QuantumLight, Plural, and AFG Partners

  • Robin AI uses generative AI technology to automate legal tasks such as drafting contracts and has clients including large multinationals like Pepsico, as well as SMEs and scaleups

  • The company has a partnership with Anthropic to use the US firm's large language model, known as Claude, to power part of its technology

  • Robin AI's contract co-pilot tool was recently launched as an add-in to Microsoft Word.

      • ProblemTechnology

      "Legal tasks like drafting contracts are time-consuming and expensive. Businesses of all sizes struggle with the complexity and cost of legal work."

      Solution

      "Robin AI uses generative AI to automate legal tasks, making them faster, cheaper, and more efficient. Their AI contract co-pilot tool helps businesses draft contracts, research case law, and explain legal concepts."

      Covered on