AI patent platform DeepIP has raised $25m in fresh venture capital investment to support the company’s expansion plans.
The Series B round was co-led by Korelya Capital and venture capital firm Serena. The latest capital injection takes the start-up’s total funding to $40m.
Existing investors Balderton Capital and Headline also participated in the round, who alongside Serena entered into the $15m Series A investment round last year led by AI fund Resonance.
DeepIP said it plans to use the funds to further grow its platform, which it says has achieved a tenfold rise in annual recurring revenue over the past 18 months. The company says more than 400 law firms and in-house teams have incorporated its system for AI-native patent work, including Greenberg Traurig, Philips and Dexcom.
François-Xavier Leduc, CEO and co-founder of DeepIP, said: “The first wave of AI in patent practice focused on speeding up individual tasks. But patent work is cumulative. It spans years, teams, decisions. We built DeepIP to be the system where that work lives, with AI embedded throughout the workflow so professionals don’t have to manage fragmentation or carry context manually.”
Paul Degueuse, a partner at Korelya Capital, said that DeepIP has built the “modern end-to-end infrastructure for the new era of IP”.
He added: “IP sits at the core of how innovation becomes value, while AI is transforming the way we invent. The patent lifecycle needs to catch up. It’s overdue.”
DeepIP has dual headquarters in New York and Paris and was co-founded in 2024 by François-Xavier Leduc and Edouard d’Archimbaud, who previously worked together as the CEO and CTO respectively of AI solutions firm Kili Technology, which they also co-established.
Email your news and story ideas to: [email protected]
