U.S. Appeals Court Resurrects $81 Million Trade Secrets Case Against Boeing, Favoring Electric Aircraft Innovator Zunum Aero

A U.S. appeals court in San Francisco has reinstated an $81 million judgment against Boeing in a case alleging the company stole trade secrets from the electric aircraft startup Zunum Aero. The ruling from the 9th U.S. Circuit Court of Appeals overturned a previous decision by a California judge, who had dismissed a jury’s finding in favor of Zunum. The appeals court rejected the lower court’s conclusion that the proprietary information claimed to be misappropriated by Boeing did not qualify for trade secret protection. Zunum’s attorney, Vincent Levy, expressed satisfaction with the appeals court’s ruling, … Read more

Legal Tech Innovator Tim Pullan Launches Consultancy ‘Purple’ to Revolutionize Law Firm Solutions

London — Tim Pullan, a prominent figure in legal technology and founder of ThoughtRiver, has launched a new consultancy called Purple in collaboration with fellow legal tech expert Dom Conte. Conte has previously made strides at Avail, adding to the expertise behind this new venture. Purple aims to reshape how legal teams access technology by eliminating jargon and focusing on practicality. Based in London, the consultancy features a team made up of former lawyers and tech founders who work alongside law firms and internal legal departments to transform innovative ideas into functional tech solutions. Their … Read more

Legal Tech Innovator Supio Secures $60 Million Investment to Revolutionize Personal Injury Law

Miami, Florida – Supio, a startup specializing in legal technology, announced on Wednesday that it has successfully raised $60 million in a Series B funding round. This investment aims to further develop the company’s artificial intelligence platform, which serves personal injury and mass tort law firms. Founded to enhance the efficiency of legal practices, Supio’s technology provides tools designed to streamline case management and client interactions. The funding will support features that harness AI to improve data handling and predictive analytics in legal cases, areas that are increasingly vital as the industry embraces digital transformation. … Read more

Capital D Invests in AdTech Innovator Refinery89, Expanding Digital Publishing Support in Europe and LATAM

London, United Kingdom – In a strategic move to expand its portfolio in the advertising technology (AdTech) sector, London-based private equity firm Capital D recently acquired a minority share in Refinery89, an innovative AdTech platform known for its support to digital publishers across Europe and Latin America. This investment marks a continuation of Capital D’s efforts to partner with disruptive, founder-led companies in the European mid-market space. Refinery89, which was established in 2018 in Amsterdam and is now headquartered in Madrid, specializes in maximizing advertising revenue for both web and in-app publishers. The company’s operational … Read more