What does Noxtua do?
Noxtua develops sovereign legal AI using proprietary models and exclusive legal data, primarily sourced through its partnership with C.H.Beck.
How much did they raise?
The company raised €80.7M in Series B funding led by C.H.Beck, with participation from Northern Data, CMS, Dentons, Global Brain Corporation, KDDI Open Innovation Fund, and Dominik Schiener.
What are their plans for the money?
With the new funds, Noxtua plans to further develop its legal AI technology and expand its operations into additional European markets, which could significantly strengthen its position in the legaltech sector.
What have they achieved so far?
Noxtua has secured access to one of the largest legal databases in the German-speaking world through its partnership with C.H.Beck and is rebranding from Xayn AG to Noxtua SE, reflecting its strategic evolution.
