European legal AI research startup Xayn (soon to be Noxtua SE) has completed its Series B investment round of approximately €80.7m, with the round led by German legal publisher C.H.Beck, whose data underpins the launch of new tool Legal AI Beck-Noxtua. Additional new investors include Germany’s largest business law firm CMS, which, alongside the University of Oxford and Imperial College London, has been a close collaboration partner on the launch of the new tool. Global law firm Dentons and high-performance computing (HPC) specialist Northern Data are also investors in this Series B, which will also assist with expansion into additional markets.
Beck-Noxtua, which can help legal experts to research legal matters and analyse and draft legal documents, is built on 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 optimisation. Beck-Noxtua says that with more than 9,000 available works, 80 specialist journals, and up to 1,000 new publications and new editions every year, the publisher has the largest legal database in the German-speaking world, with well over 55 million documents covering all relevant areas of law.
Equally as importantly, we’re told that it adheres to the high professional, criminal, and data protection law requirements for attorneys (e.g. Section 203 of the German Criminal Code and Section 43e of the German Federal Code for Lawyers), enabling its use by professionals bound by confidentiality without requiring anonymisation.
Europe’s laws around the use of AI and data sovereignty are notoriously restrictive, which lends its weight to the need for European providers with a heavy focus on compliance. Northern Data, based in Frankfurt am Main, brings extensive expertise in sovereign, European high-performance computing and hosting.
Dr Leif-Nissen Lundbæk, CEO & co-founder of Xayn/Noxtua, said: “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.”
“I am delighted that our vision of a European Legal AI has become a reality,” added Dr Markus Kaulartz, lawyer and partner for artificial intelligence at CMS. “With C.H.Beck as a partner, we are creating the basis for a new standard tool that can bring about lasting change to lawyers’ day-to-day work.”