Jus Mundi, a Paris, France-based global legal AI company providing research and productivity assistance, has secured €20 million (US $22M) in Series B funding.
Investors
The round was led by Germany’s Acton Capital and Singapore’s True Global Ventures, with contributions from France’s C4 Ventures and US-based FJ Labs.
Founded in 1999, Acton Capital is a venture capital investment firm based in Munich, Germany, focused on digital transformation worldwide, with a strong emphasis on Europe and North America. The firm has invested over €800 million across six fund generations.
True Global Ventures is a technology equity venture capital firm founded by serial entrepreneurs. It manages two funds: TGV 4 Plus Fund (early stage) and TGV Opportunity Fund (late stage). The firm has a strong track record of investing in tech ventures that use blockchain and AI to drive innovation.
Jus Mundi Use of Funds
The company will use the funds to enhance R&D and support its expansion.
About Jus Mundi
Founded in 2019, Jus Mundi is a legal technology company dedicated to powering global justice through artificial intelligence. Jus Mundi recently launched Jus AI, a research and productivity assistant designed for legal professionals. Through its proprietary AI technology, Jus Mundi provides global legal intelligence, data-driven arbitration professional selection, and business development services. Headquartered in Paris, with additional offices in New York, London, and Singapore, Jus Mundi serves over 150,000 users from law firms, multinational corporations, governmental bodies, and academic institutions across over 80 countries.
Funding Details
Company: Jus Mundi
Raised: $22.0M
Round: Series B
Funding Date: September 2024
Lead Investors: Acton Capital, True Global Ventures
Additional Investors: C4 Ventures, FJ Labs
Company Website: https://jusmundi.com/
Software Category: Legal Research and Arbitration
Source: https://www.prweb.com/releases/jus-mundi-launches-jus-ai-and-raises-22m-in-series-b-round-302244703.html