Short-term rentals offer a variety of options beyond traditional home rentals. Platforms like Swimply allow individuals to rent out pools, while Neighbor and Spacer enable the monetization of unused parking spots.
Legora's cofounder, Max Junestrand, stated, 'This is a reflection of how quickly our customers are pushing the industry forward. They're redefining how legal work gets done, and AI is becoming the core infrastructure for the profession.'
The fund blends high yield corporate bonds, senior loans, and debt tranches of U.S. collateralized loan obligations (CLOs) into a single actively managed portfolio, aiming to deliver income that beats the broad bond market while keeping volatility lower than any single segment on its own.
Empirical Ventures has secured a £10 million commitment from the British Business Bank through its Regional Angels Programme, bringing the Bank's total support for the firm to £15 million. This funding will allow Empirical to write larger cheques to early-stage science-led founders across the UK, particularly outside London.