Noxtua raises $92M for its sovereign AI tuned for the German legal system
In 2020, Xayn Was a privacy-based AI startup based on Device, specially designed for smartphones. But the company finally saw that early experience to develop sovereign AI for the legal atmosphere. Now Xayn has renamed NOXTUA and collected a series B -round of $ 92.2 million (around € 81.2 million).
The round was led by strategic investor CH Beck, the leading legal publisher of Germany. For context, CH Beck effectively owns the repository of all legal matters and judgments in Germany, giving it a unique position. The idea is that Noxtua has access to its entire archive and legal news wire for his new legal AI product dubbed Beck-Noxxtua.
Extra new investors on board include a high -quality computer specialist Northern Data Group, the largest business law office CMS in Germany and the worldwide law firm Dentons. Earlier and existing investors are Global Brain, KDDI Open Innovation Fund and Dominik Schiener.
The addition of northern data is no coincidence. Beck-Noxxa will work as a sovereign AI about the cloud infrastructure of that company, which is included in Germany.
Noxtua claims that the highly specialized AI can investigate legal affairs and analyze and prepare legal documents, all in a legally conform to customers, including those in Germany. This is important because the bar for legal compliance in Germany is extremely high, so that the training data of CH Beck is absolutely crucial for accuracy. It contains 55 million documents-the largest legal database in the German-speaking world.
With geopolitics that casts a shadow about the idea of running AI models established in Germany about the American infrastructure, Noxua has the hosting partner with Northern Data, which is located in Frankfurt.
Dr. Leif-Nietsen Lundbæk, CEO and co-founder of Noxtua, WAN told about a call that Noxtua uses his own version of a transformer AI model, but one that is specifically trained on legal contracts. “We have already rolled it out for many law firms and legal departments and work together with CH Beck,” he said, “[which is] Effective the ‘Thompson Reuters for Law’ in Germany. ‘
Lundbæk said that Noxtua had to take this route, because the American fundamental models are based on American data, partly also British data and contracts.
“This is very different in countries such as Germany or France,” he added. “Those models really fail in precision. Plus, government services are essentially legal, right? So you can’t only use an American AI model in a German legal context.”
The technology of Noxtua was developed from research conducted by the founders of the University of Oxford and Imperial College London, and later developed with CMS.
In a statement, Professor Dr. said Klaus Weber, member of the Board of Directors of CH Beck,
