Slaughter and May contributes to £10m funding round for AI startup Luminance

Magic circle firm steps up investment in London-headquartered artificial intelligence business

Slaughter and May has invested in artificial intelligence (AI) platform Luminance as part of a $10m (£7.5m) funding round that values the company at $50m (£37m).

The investment was led by private venture firm Talis Capital, while Invoke Capital, Autonomy co-founder Mike Lynch’s tech investment business, also contributed.

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