Uk-Based Genie Ai Secures £200K To Develop World’s Most Advanced Ai Legal Assistant

Aug 17, 2023•almost 2 years ago

Amount Raised

£200,000

Round Type

seed

LondonLegal TechNatural Language ProcessingLegalMachine LearningArtificial IntelligenceSoftware

Investors

CogitatHexis LabAegiqInnovate Uk

Description

London-based legal AI company Genie AI has secured a grant of nearly £200K from Innovate UK known for backing Aegiq, HexisLab, and Cogitat, to advance the development of its category-leading AI legal assistant.

Company Information

Company

Genie AI

Location

London, England, United Kingdom

About

Genie AI was founded in 2017 by Rafie Faruq and Nitish Mutha who specialised in generative AI while taught at UCL by leading researchers at Google DeepMind. They recognised the opportunity for AI to reduce the time spent on tasks that involve language processing, data analysis, and decision-making, all prevalent in contract drafting, and developed the most advanced AI legal drafter in the market.

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