Noxtua raises more than €100M as C.H.BECK takes majority stake German legaltech
Noxtua has closed its Series C funding round totaling more than €100 million. Founded in Berlin in 2017 and spun out of research at Oxford University and Imperial College London, the scale-up launched...
Noxtua has successfully raised over €100 million in its Series C funding round, with C.H.BECK taking a majority stake in the German legaltech firm. Founded in Berlin in 2017, Noxtua has since grown to boast over 30,000 users, around 100 employees, and six locations in Europe. The legal AI company specializes in research, analysis of complex legal issues, and document drafting, with jurisdiction-specific Legal AI Workspaces based on exclusive legal data from leading European publishers such as C.H.BECK, MANZ, and Helbing Lichtenhahn.
Noxtua's tech complies with professional, criminal, and data protection requirements, and it holds certifications including BSI C5, ISO 27001, and ISO 42001. The Series C funding also alters Noxtua's investor base, with C.H.BECK becoming the majority shareholder and MANZ joining as a new investor, while existing investors exit. The company aims to become the largest European Legal AI and plans to expand its pan-European presence, focusing on partnerships with European legal publishers and maintaining a balance between AI technology and high-quality legal data.
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