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Exigent launches evergreen fund for legal tech.

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Global Banking News-July 11, 2019-Exigent launches evergreen fund for legal tech

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Bright Minds Capital Partners ("BMCP") has been launched as the first evergreen fund specializing in early stage investments in legal and data technology, focusing on AI, blockchain and big data management applications, the company said.

With legal tech expert Exigent as cornerstone investor, BMCP will provide not just capital, but also leadership and sector expertise to start-ups specializing in legal technology and services, data extraction, corporate data management, and optimization. Blockchain is also a key focus area: one of the first investments in the fund's portfolio is Lexchain, an immigration compliance automation tool using the latest distributed blockchain ledger technology.

In an effort to improve the way data is used for corporate decision-making, the BMCP fund has been established by a seasoned group of legal strategists, data technologists, information architects and VC experts, including CEO David Holme, who, together with Nicola Stott, founded Exigent, a global alternative legal services provider, over 15 years ago. With an evergreen fund and the focus on the fundamentals of investment, the BMCP team will combine capital with legal, technology and financial expertise to support the development of technology that has true impact...

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