Berlin-based legal tech startup Xayn (soon to be Noxtua SE), developer of Europe's first sovereign legal AI, Noxtua, has raised approximately €80.7 million in its Series B investment round with C.H.Beck, Germany’s leading legal publisher, as the leading investor. Additional new investors include Northern Data, CMS, and Dentons. This financing round, combined with powerful strategic partners, an expanded product offering (including the legal AI Beck-Noxtua), and the forthcoming expansion into additional markets, brings together AI, legal, and computing expertise.

Noxtua is built on specialized proprietary AI models trained with high-quality legal data. Through its partnership with C.H.Beck, the AI company leverages the publishing house’s exclusive legal data for training and further optimizing of the Noxtua Legal AI. 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 by far the largest legal database in the German-speaking world with beck-online – with well over 55 million documents covering all relevant areas of law.  Both CMS and Dentons are contributing legal expertise to further develop and train Noxtua.

"We are delighted about the successfully completed financing round and the new strong partners by our side – especially now, when Europe's digital sovereignty is more crucial than ever. European digital sovereignty is not merely a political question, but one that must also be addressed with hard technical facts – which is why the successful Series B round is of high strategic relevance to us. With C.H.Beck, Northern Data, CMS, and Dentons as our new investors, we are bringing together a unique combination of AI, legal, and computing expertise. This enables us to expand our position as the leading sovereign Legal AI in Europe. In doing so, we are also continuing the journey we began in 2017: building powerful AI based on European values," highlights Dr Leif-Nissen Lundbæk, CEO & Co-Founder Xayn/Noxtua.

"Dentons has always been driven by the vision of being the law firm of the future, so innovation is in our DNA. As part of our wider strategy to embrace the power of artificial intelligence to transform our industry, we are excited by the opportunity for Dentons Europe to contribute our legal and innovation expertise to the development of Noxtua to address the specific needs of the European market," highlights Wendela Raas, CEO of Dentons Europe.

For further information, please refer to Noxtua’s press release.

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Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion and sustainability, we focus on what matters most to you. www.dentons.com