Noxtua raises $92M for its sovereign AI tuned for the German legal system

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor C.H. Beck, Germany’s leading legal publisher. For context, C.H. Beck effectively owns the repository of all legal cases and judgments in Germany, giving it a unique position. The idea is that Noxtua will have access to its entire archive and legal news wire for its new legal AI product dubbed Beck-Noxtua. Additional new investors on board include high-performance computing specialist Northern Data Group, Germany’s largest business law firm CMS, and global law firm Dentons. Previous and existing investors include Global Brain, KDDI Open Innovation Fund, and Dominik Schiener. The addition of Northern Data is no coincidence. Beck-Noxtua will ... Read full article.