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Legal AI startup Legora reaches $5.6 billion valuation with Nvidia-backed $50 million round

Legal AI startup Legora reaches $5.6 billion valuation with Nvidia-backed $50 million round TechCrunch
Legora, the Swedish‑born legal‑tech startup, announced a $50 million Series D extension that pushes its post‑money valuation to $5.6 billion. The round, led by Nvidia’s corporate venture arm NVentures, follows a $550 million Series D completed a month earlier and comes as the company reports $100 million in annual recurring revenue. Legora’s rapid growth pits it against rival Harvey, which recently posted an $11 billion valuation, sparking a high‑stakes battle for market share among law firms worldwide. Read more →

ComfyUI Secures $30 Million Series B, Valued at $500 Million

ComfyUI Secures $30 Million Series B, Valued at $500 Million TechCrunch
ComfyUI, the node‑based platform that gives creators fine‑grained control over diffusion‑model outputs, closed a $30 million Series B round led by Craft Ventures. The funding lifts the startup’s valuation to $500 million and brings new investors Pace Capital, Chemistry, and TruArrow on board. Founded as an open‑source project in 2023, ComfyUI now boasts more than four million users across visual effects, advertising, animation and industrial design, positioning it as a critical tool for technical artists seeking precision beyond traditional prompt‑based generators. Read more →