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Legal Publisher C.H.BECK Backs Noxtua In Over 100 Million Euro Round

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Image credit: Noxtua

Noxtua, the Berlin based legal AI company, has closed a Series C funding round of more than 100 million euros in a deal that hands majority ownership of the company to German legal publisher C.H.BECK.

The transaction marks the largest investment in C.H.BECK's more than 260 year history, according to the publisher, which was founded in 1763 and has built its business on producing authoritative German legal texts and commentary. Austrian legal publisher MANZ is joining Noxtua's cap table for the first time as part of the same round, having previously collaborated with the company on an Austrian legal AI workspace. The new capital arrives alongside a significant shift in ownership, as several of Noxtua's original backers, including law firms CMS and Dentons along with IOTA Foundation co founder Dominik Schiener, sold their shares and exited the company as part of the transaction. Because the deal bundles fresh investment together with those share sales, the more than 100 million euro headline figure does not represent new operating cash in full, and the transaction does not disclose C.H.BECK's exact ownership percentage or the valuation assigned to Noxtua.

Founded in Berlin in 2017 by chief executive Leif‑Nissen Lundbaek and spun out of research conducted at Oxford University and Imperial College London, Noxtua launched its first commercial product in 2024. Since then, the company has grown to more than 30,000 users and around 100 employees across six locations spanning Berlin, Paris, Stockholm, Zagreb, Munich, and Vienna. Lundbaek told Tech.eu that Noxtua's revenue had grown fivefold over the four months preceding the round, while its headcount had quadrupled over the past year, growth rates the company has reported without disclosing the underlying revenue figures behind them.

Noxtua's product covers a range of AI powered legal skills spanning research, contract analysis, and document drafting, aimed at law firms, in house legal teams, and other institutions that need to work with jurisdiction specific legal material accurately and at scale. Central to its pitch is a revenue sharing model with publisher partners, under which those partners retain control over their own content rather than surrendering it outright to the AI platform, an arrangement designed to make participation more attractive to publishers who might otherwise be wary of having their proprietary legal material used to train or power a competing AI product.

That publisher relationship is also central to how Noxtua is positioning itself competitively. Access to curated, and in some cases exclusive, legal content is emerging as a genuine differentiator in legal AI, particularly for source quality and jurisdiction specific accuracy, areas where general purpose AI models trained on broad web data have historically struggled. By bringing C.H.BECK and MANZ in as majority and minority owners respectively, rather than simply licensing content from them, Noxtua gains a more durable claim to authoritative legal source material than a typical content licensing deal would provide, while the publishers gain direct equity exposure to the AI platform being built around their material.

C.H.BECK has framed its investment explicitly in terms of the company's identity as an independent, family owned publisher with what it describes as a special responsibility for the legal system in Europe. The publisher said the transaction represents both a commitment to Noxtua's ongoing development and an investment in the future of law itself, language that positions the deal as much around institutional stewardship of Europe's legal infrastructure as around a straightforward financial return.

The capital will primarily fund further development of Noxtua's legal AI technology and its expansion into additional European markets beyond its current six locations. The deal also sits within a broader push described by Noxtua and its backers as sovereign AI, an approach oriented around building a European alternative to the international legal AI providers, largely based in the US and UK, that currently dominate the category. That framing puts Noxtua in more direct competition with Sweden based Legora, which has also been expanding its legal research capabilities through recent acquisitions, as European legal AI providers increasingly compete not just on product capability but on data sovereignty and access to jurisdiction specific legal content that outside competitors cannot easily replicate.

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  1. Noxtua

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