Analysis of 2024 WIPO filing data reveals a market divergence: China’s volume surge (+153k) versus Korea and Japan’s efficiency-driven growth. This report examines how AI implementation varies across CNIPA, KIPO, and JPO, and the operational implications for global IP strategy.
Harvey's recent $160M Series C financing at an $8 billion valuation suggests investors are betting on a 'Service-as-Software' model rather than traditional SaaS economics. This capital event accelerates the bifurcation of the market into broad enterprise legal platforms and deep-vertical technical specialists.
Sequoia Capital's $10M investment in Sandstone signals a strategic pivot from law firm-centric tools to AI-native systems of record for in-house legal teams. This shift challenges the traditional billable hour model by keeping data and workflow within the corporate boundary.
Ankar's $20M Series A, led by Atomico, marks a pivotal shift towards "Patent Operating Systems" that integrate the full IP lifecycle. Coming days after Solve Intelligence's $40M raise, this signals deep capital consolidation in patent workflow automation.
Solve Intelligence's $40M Series B and tenfold ARR growth signal the maturity of AI in patent drafting. This capital influx marks a shift from experimental tools to validated, scalable infrastructure for IP professionals.
Sequoia-backed Serval hits unicorn status with a $75M raise, signaling a market shift where legal operations are increasingly subsumed by broader enterprise service automation. This challenges specialized legal tech vendors and redefines how IP teams handle intake and triage.