Noxtua Raises €80.7M in Series B Funding
Summary
The company intends to use the funds for further development of its sovereign Legal AI Noxtua and expansion into additional markets. With more than 9,000 available works, 80 specialist journals, and up to 1,000 new publications and new editions every year, the specialized publisher has the largest legal database in the German-speaking world with beck-online – with over 55 million documents covering all relevant areas of law. The sovereign European Legal AI adheres to the high professional, criminal, and data protection law requirements for attorneys (e.g. Concurrent with the completed Series B, the startup founded on research from Oxford University and Imperial College London begins its official rebranding from Xayn AG to Noxtua SE. Previous investors Global Brain Corporation, KDDI Open Innovation Fund, CMS, and Dominik Schiener remain invested in the startup.