Swedish AI Startup Legora Secures $550 Million in Series D Funding

Swedish legal artificial intelligence company Legora has successfully raised $550 million in a Series D funding round, significantly increasing its valuation. Bloomberg posted on X that the funding round was led by Accel, and it has tripled Legora's valuation from its previous round in October to $5.55 billion. The company aims to use the new capital to expand its operations in the United States.