Swedish AI patent platform Lightbringer raises €8.6 million to “take on Big Law” and replace existing patent firms

Lightbringer, a Malmö-based AI-powered LegalTech company transforming how startups and SMEs secure patents, has raised €8.6 million ($10 million) in Series A funding to fuel its US expansion and next phase of product development.  The round was co-led by London-based 6 Degrees Capital and Amsterdam-based Newion. Thomas Olszewski, Partner at 6 Degrees Capital, and Dorus Olgers, Partner at Newion, have joined the Lightbringer board. In December 2024, the company raised €4.2 million led by Luminar Ventures and Alliance VC.  Dominic Davies, CEO and co-founder of Lightbringer, said, “Intellectual property has become one of the most powerful assets a DeepTech company can have. In a hypercompetitive market, the speed at which an inventor can file a patent application on their innovation can mean the difference between a company’s success and demise. As a patent lawyer, I’ve seen firsthand how the global patent system is not built for startups or the modern business environment. Most legal AI helps law firms become more efficient and protect their margins.  “We built Lightbringer to do the opposite: take on Big Law and return that value to entrepreneurs. This funding allows us to accelerate product development, deepen our U.S. presence, with me relocating to lead our operations there.” Founded in 2023 by Dominic Davies, Ola Wassvik, and Markus Andreasson, Lightbringer is an AI-native patent platform built for ambitious DeepTech companies. By combining AI with experienced in-house patent attorneys, Lightbringer claims that it gives innovators direct access to enterprise-grade intellectual property protection without relying on traditional law firms.  It also notes that it reduces typical patent filing timelines from two months to just a couple of days, cutting costs by around 50% through its fixed-price subscription model. The platform supports the entire patent lifecycle, including invention capture, patent drafting and filing, portfolio strategy, portfolio management, competitor intelligence, and white-space analysis. Until now, AI software in the patent sector has focused on building better tools for lawyers – streamlining workflows, reducing admin, and cutting billable hours at the margins. Lightbringer emphasises that it takes a fundamentally different approach. It is an AI platform designed to replace existing patent firms, not assist them. Dorus Olgers, Partner at Newion, said, “Lightbringer has demonstrated exceptional traction in a short period of time by building a platform that delivers clear and immediate value to founders, engineers, and innovation-led businesses. Lightbringer believes IP protection should be accessible to everyone, something that is not the case under today’s market conditions, and has built a platform that helps make that vision a reality.  “What sets the team apart is how quickly they’ve turned deep legal and technical expertise into a product that founders actually adopt. We are excited to support the team as they continue expanding internationally and establish Lightbringer as a leading platform for modern patent development and strategy.” With this capital, the company plans to fuel its expansion into the U.S. while enabling further development of its AI-powered patent platform for growing DeepTech companies. According to Lightbringer, the U.S. is the world’s largest and most competitive market for intellectual property (IP) and a key priority for its next stage of growth. Since its launch in 2024, Lightbringer reports that it has helped more than 200 DeepTech companies across 17 countries file and manage their patents worldwide, including the critical infrastructure hardware specialist TERASi, the defence drone technology company Arctic Ravn, the quantum sensing technology developer DIASENSE, and Cler, the Swedish clean-air technology company. The company is headquartered in Malmö, Sweden, with offices in Stockholm, London, and the San Francisco Bay Area. It is backed by leading venture capital firms, including 6 Degrees Capital, Newion, Luminar Ventures, and Alliance VC. The post Swedish AI patent platform Lightbringer raises €8.6 million to “take on Big Law” and replace existing patent firms appeared first on EU-Startups.