Patlytics, an AI-powered patent analytics platform, wants to help enterprises, IP professionals, and law firms speed up their patent workflows from discovery, analytics, comparisons, and prosecution to litigation.
The outfit recently launched its product, which is SOC-2 certified, and already serves some top-tier law firms and a few in-house legal counsels at enterprises as customers.
Its target users include IP law firms and companies with several patents.
“Protecting intellectual property remains a major priority and business requirement for information technology, physical product, and biotechnology companies.
Notably, the round also attracted a host of angel backers, including partners at premier law firms, Datadog President Amit Agarwal, Fiscal Note founder Tim Hwang, and Tapas Media founder Chang Kim.
GGV Capital announced last fall that was splitting up its team amid growing tensions between U.S. and China, though it never cited the atmosphere as the explicit driver of the move.
The thinking in abandoning the GGV Capital brand, per a source familiar, was that because both teams are operating separately going forward, they felt it was best to develop new brands.
Oren Yunger, the newest member of GGV Capital, also remains on team Notable.
Another longtime managing director at GGV Capital, Eric Xu, who is based in Shanghai, will continue to oversee the original firm’s independently operated yuan-denominated funds.
Roughly 2.5 years ago, GGV Capital announced it has raised $2.5 billion for its new funds, marking its largest family of funds ever.
How many startups shut down last year compared to the year before?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our interview show, where we sit down with a guest, think about their work, and unpack the rest.
Lee is an angel investor as well the creator of Layoffs.FYI and co-founder of Comprehensive and Human Interest.
We also talked about:Just how many more companies shut down in 2023 compared to 2022 (spoiler alert, it was a lot!)
How strongly a technology good or service resonates with potential customers is often called “product-market fit,” or PMF.
Jess Lee is coming to TechCrunch Early Stage in Boston this year to help founders looking to reach, or refine, their current PMF guide their upstart tech companies in the right direction.
Early Stage is shaping up to be possibly our best-ever shindig for early-stage founders, with NFX’s James Currier, Underscore’s Lily Lyman, and of course Lee herself coming ’round to talk shop.
As with all Early Stage events, audience Q&A will be a critical component of every session, so bring your notebook, several pens, and I’ll see you on April 25!
Is your company interested in sponsoring or exhibiting at TechCrunch Early Stage 2024?
It’s very gratifying to help prepare the next generation of AI leaders to address multidisciplinary AI challenges.
I recently called for a global AI learning campaign in a piece I published with the OECD.
To reduce potential liability and other risks, AI users should establish proactive AI governance and compliance programs to manage their AI deployments.
Furthermore, in our increasingly regulated and litigious AI world, responsible AI practices should reduce litigation risks and potential reputational harms caused by poorly designed AI.
Additionally, even if not addressed in the investment agreements, investors can introduce portfolio companies to potential responsible AI hires or consultants and encourage and support their engagement in the ever-expanding responsible AI ecosystem.
Korea’s Myrealtrip cashes in on travel rebound with $56M in new fundingMyrealtrip is the latest travel tech company to ride a growing post-pandemic tourism industry.
“The travel industry was fragmented 12 years ago in South Korea, and there was no platform that provided travel information,” CEO of Myrealtrip Donggun Lee said in an exclusive interview with TechCrunch.
Myrealtrip acquired Startrip in 2022 to capture the number of foreign tourists visiting South Korea post-pandemic.
This travel platform lets users discover and book Korean-pop (K-pop) themed spots, including popular boy band BTS music video filming locations.
Myrealtrip also invested in IwaTrip, a Korean travel platform that helps users find available spots to travel with kids, and O-Peace, a co-working and co-living space platform designed for digital nomads workers.
This is our interview show, where we sit down with interesting, knowledgeable folk and dive deep into their favorite topics.
This time around, we invited Cowboy Ventures’ Aileen Lee to chat through her massive new article concerning the unicorn world.
If you didn’t know, it was Lee who initially coined the term “unicorn” in a TechCrunch article back in 2013.
Lee talked us through the data and taught us all sorts of new terms.
You can sort of understand what one means when they say “unicorpse” or “zombiecorn,” but apparently there are even more exotic unicorn forms out there.
Consumer tech is bound for a comeback among unicorns, but maybe not just yetTen years after Cowboy Ventures’ founder Aileen Lee gave unicorns their nickname, she and her team are back with fresh analysis on private companies worth more than $1 billion.
As the number of unicorns boomed from 39 to more than 532, Cowboy found that their very nature also changed.
“The pendulum swung hard to enterprise, with 78% of unicorns today focused on B2B, the inverse of 2013,” Lee and her team member Allegra Simon wrote.
But spending more than a decade in tech teaches you something: to be ready for the pendulum to swing back.
Hence Cowboy’s prediction that “given the hard shift to enterprise,” we can “hope and expect more exciting consumer unicorns will be born in coming years.”
Bob Lee was an extraordinarily talented product officer and a respected member of the MobileCoin team. His death is a tremendous loss for the company and the cryptocurrency community as…
