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The latest fundraising round has valued the AI company at £77.5m.
February 07, 2019 at 09:23 AM
1 minute read
Slaughter and May has financially backed AI company Luminance for the third time, in a £10m fundraising round that values the Cambridge-born company at $100m (£77.5m).
Slaughters first took a 5% equity stake in the company back in 2017 after trialling the platform, before investing further as part of a £10m Series-A round later in the year. That round valued the company at £37m.
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