tech:

taffy

Spellbook raises $10.9M (Canada)

Toronto & St. John’s, Newfoundland-based Spellbook has raised $10.9 million in funding. The investment was led by Moxxie Ventures, with participation from Thomson Reuters Ventures, Inovia Capital, The LegalTech Fund, Bling Capital, N49P, Concrete Ventures, Good News Ventures, Venture Newfoundland and Labrador.

Spellbook offers a legal AI tool integrated with MS Word that uses GPT-4 and other large language models to review and suggest terms for legal contracts. The company says over 34,000 lawyers have signed up to try Spellbook.

Also see:

Axelera AI raises $50M (The Netherlands)

Axelera AI announced the addition of new investors in its Series A round, thereby raising the total amount to $50 million.

Liquido raises $26M

Liquido, a Latin American payments infrastructure provider, has raised raised $26 million.

Cado Security raises $20M (London)

London, UK.-based cloud forensics and incident response platform provider Cado Security has raised $20 million in funding.

Quantifind raises $23M

Quantifind, a provider of AI-powered financial crimes risk management solutions, has raised $23 million in funding.