Edinburgh firm Wordsmith raises $70m in new funding round

A Scottish technology company has raised $70 million to accelerate the development of its AI platform that aims to transform process work for in-house legal teams.

It is the second round of venture capital funding attracted by Edinburgh-based Wordsmith AI, which raised $25m in Series A in June of last year. Index Ventures led the Series A round and has followed up its initial investment by participating in the second round, which has also been backed by Highland Europe.

Read the full article by Scott Wright published in The Herald, Wednesday, June 3rd.

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