Legal AI tech startup Noxtua raises €80.7M to help European lawyers automate their work - SiliconANGLE

Legal AI tech startup Noxtua raises €80.7M to help European lawyers automate their work - SiliconANGLE

Germany-based legal technology startup Noxtua SE said today it has closed on an €80.7 million ($91.6 million) round of funding after undergoing a corporate rebranding. The company, which was previously known as Xayn SE, said today’s round was led by Verlag C. H. BECK oHG, the No. 1 publisher of legal books in Germany. It […] The post Legal AI tech startup Noxtua raises €80.7M to help European lawyers automate their work appeared first on Silicon…

Berlin’s legal-tech startup Noxtua raises €80.7M

Berlin-based legal-tech startup Noxtua SE, previously Xayn, has completed a Series B funding round of approximately €80.7M. The round was led by Germany’s legal publisher C.H.Beck, with new investors including HPC specialist Northern Data, business law firm CMS, and global law firm Dentons. This investment brings together expertise in AI, law, and computing, supporting Noxtua’s role in the legal technology sector in Europe. Besides the funding, …

Noxtua is to be Europe's first sovereign legal AI. AI is intended to research legal matters and to be able to revise and design documents. C.H.Beck is a leading investor.

EU legal AI outfit Noxtua scores €80M funding

Start-up Noxtua secured €80.7 million in Series-B funding to advance development of Europe’s inaugural sovereign legal AI, securing some big-hitting partners along with the finances needed to begin expanding beyond its domestic German market. International business law company CMS stated the investment round was led by legal publisher CHBeck and sets Noxtua up to strengthen its leading status in sovereign legal AI for Europe. CMS co-created Noxt…

CMS + Dentons Join €80m Investment into ‘Europe’s Sovereign Legal AI’

Noxtua, which calls itself Europe’s first ‘sovereign legal AI’, has raised €80.7m with CMS – which has backed the venture from the start – and Dentons both investing, along with l…