Noxtua closes €100m Series C
Legal IT Insider
1mo · 2 min
European sovereign legal AI Noxtua has closed its Series C funding round totalling more than €100m, with German legal publisher C.H.BECK as its new majority shareholder and Austrian legal publishing…
European sovereign legal AI Noxtua has closed its Series C funding round totalling more than €100m, with German legal publisher C.H.BECK as its new majority shareholder and Austrian legal publishing house MANZ joining as a new investor. C.H.BECK was already an investor in the company.
Noxtua says that partnering with these independent legal publishers provides new opportunities for long-term planning. The collaboration as part of the Series C round supports Noxtua’s ongoing development as well as its pan-European expansion into additional markets.
Dr. Leif-Nissen Lundbæk, CEO and founder of Noxtua, said: “We are developing Noxtua based on exclusive content from leading legal publishers across the continent, and have already built, among other things, Europe’s largest legal database and Europe’s largest network of independent legal publishers. The joint investment by C.H.BECK and MANZ in Noxtua is therefore also a strong signal to the market.”…
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