9 years ago

PatSnap Secures Series C Funding Led by Sequoia Capital

  • PatSnap, a UK-based provider of an innovation intelligence platform, has closed its Series C funding round, led by Sequoia Capital, with participation from Shunwei Capital and Qualgro

  • The company plans to use the funds to expand its R&D efforts and global team

  • PatSnap helps technology companies manage the entire R&D lifecycle of their intangible assets, serving over 3,000 customers globally, including NASA, Vodafone, L’Oreal and the Massachusetts Institute of Technology.

      • ProblemTechnology

      "Companies struggle to effectively track and utilize information from the research and development process to get a competitive edge. They need a way to streamline the process of researching ideas, developing products, and commercializing them."

      Solution

      "PatSnap provides a platform that helps companies analyze and understand the entire R&D lifecycle of a technology company’s intangible assets - from idea generation and research, through product development and commercialization. They provide insights into trends, competitors, and market opportunities."

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