Two recent, related articles announce the details of a $21m investment by growth equity investor Highland Europe in INCOPRO, a leading machine-learning brand and intellectual property protection business that was co-founded by the UK law firm Wiggin. INCOPRO will use the investment for “the development of its Talisman online brand protection technology to help businesses safeguard their brands from counterfeit and piracy threats online” and to expand its operations in China, the US and Europe.The announcement raises interesting questions regarding how US law firms will maintain their competitive edge on the international stage.
These are the articles:
UK Law Firm Wiggin raises $21m Investment for its AI-driven AP tool (from The Artificial Lawyer)
INCOPRO Raises $21m from Highland Europe to Scale Its Online Brand IP Protection Platform (media release) And here are the questions:
- How can US firms compete with international firms that can raise money through offering equity?
- How long will it be before US firms will look for clever ways around US restrictions?
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