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Startups Weekly: Tech and the law

Startups Weekly: Tech and the law
Source: techcrunch
Author: Anna Heim
Published: 6/27/2025

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The latest edition of Startups Weekly highlights a busy week in the startup ecosystem, featuring notable lawsuit developments, mergers and acquisitions, and significant funding rounds. Key startup stories include Rubrik’s push to accelerate AI agent adoption with substantial but undisclosed funding, German fintech startup Kadmos’ $38 million raise linked to Japanese shipping expansion, and ongoing copyright lawsuits involving AI music startup Suno and Getty Images’ AI image generator Stable Diffusion. Despite challenges, Bill Gates-backed Airloom Energy continues its operations in Wyoming. On the venture capital front, several high-profile funding events stood out. Harvey AI, an AI-enabled legal tech startup, raised $300 million at a $5 billion valuation just months after a previous $300 million round at $3 billion. Abridge, an AI medical note automation startup, secured funding at a $5.3 billion valuation, while blockchain prediction market Kalshi and its rival Polymarket are also raising significant capital. Other notable raises include European challenger bank Finom, Indian

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