In a week filled with significant funding announcements, Luminance, a leading legal AI firm, raised €71M to enhance its contract management capabilities, totaling over $115M raised in the last year. Meanwhile, RoomPriceGenie, a provider of revenue management systems for hotels, similarly raised €71M to support its international expansion and platform enhancements. Cambridge GaN Devices secured €30M to further develop its innovative energy-efficient semiconductor technology, indicating a trend towards increased investment in technology that drives efficiencies across various sectors.
Luminance raised €71M to enhance its legal AI technology, marking a significant expansion in its capacity to manage complex contract processes, from creation to negotiation.
RoomPriceGenie also secured €71M funding to improve its revenue management systems for hotels, reinforcing its presence in 65 countries and expanding its international reach.
Cambridge GaN Devices has successfully raised €30M for its innovative gallium nitride semiconductors, bolstering its commitment to energy efficiency in semiconductor technology.
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