Noxtua Funding, Investors & Competitors

Noxtua has raised $114M across 4 funding rounds, most recently a $91M Series B in April 2025.

Last Noxtua funding round

$91M

Series B · Apr 2025

Cumulative funding Noxtua raised

$114M

across 4 funding rounds

Key investors in Noxtua

  • Earlybird VC
  • Global Brain Corporation
  • KDDI
  • CMS
  • Dentons
  • Northern Data
  • Dominik Schiener
  • Verlag C.H.BECK

Noxtua Overview

About Noxtua

Noxtua is a Berlin-headquartered Legal AI platform serving European law firms and corporates. The system processes contracts in multiple EU languages, extracting clauses, risks, and obligations using on-premise models compliant with GDPR. Noxtua integrates with tools like Microsoft Word and supports due diligence for M&A. Launched in 2023, it emphasizes data sovereignty for German, French, and Dutch markets.


Founded

2017

HQ

GermanyBerlin

Website

noxtua.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Noxtua Funding History

Noxtua has raised a total of $114M across 4 funding rounds.

Noxtua's first fundraising round was a $7M seed round in June 2018. The most recent completed round was a $91M Series B in April 2025.

Noxtua funding rounds

Noxtua funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2025Series BVerlag C.H.BECK (lead); Northern Data; CMS; Dentons$91MNoxtua, founded in 2017 and previously known as Xayn, is Europe's first sovereign legal AI company, focusing on AI solutions for legal tasks such as research, review, and drafting while emphasizing European digital sovereignty. The company secured €80.7 million in a Series B funding round announced around April 2025, with investors including Verlag C.H.Beck, Northern Data Group, Dentons, and CMS, the latter having backed Noxtua from the start. The funding brings together C.H. Beck's extensive legal database—beck-online with over 55 million documents covering German-speaking law—with Noxtua's AI capabilities and expertise from legal firms and tech partners. Proceeds will support market expansion, leveraging combined AI, legal, and computing strengths to position Noxtua as Europe's leading sovereign legal AI. CEO Dr. Leif-Nissen Lundbæk highlighted the strategic importance amid growing needs for European digital sovereignty. The investment solidifies partnerships with key players like Dentons, which sees it as advancing AI transformation in the legal sector.
Aug 2021Series AGlobal Brain Corporation (lead); KDDI (lead); Earlybird VC$12MNoxtua (formerly Xayn), a Berlin-based AI startup, raised $12 million in a Series A funding round on August 7, 2021, led by Global Brain and KDDI Open Innovation Fund, with participation from Earlybird Venture Capital. The company had pivoted to developing privacy-safe, personalized search engines for mobile devices as an alternative to Google. This round matched the specified investors and approximate date of September 8, 2021.
Jul 2019SeedDominik Schiener (lead)$4M-
Jun 2018SeedEarlybird VC (lead)$7M-

Who has invested in Noxtua?

8 investors have backed Noxtua across its funding rounds, including Earlybird VC, Global Brain Corporation, KDDI, CMS, Dentons and Northern Data.

Lead investors include Verlag C.H.BECK, Global Brain Corporation, KDDI, Dominik Schiener and Earlybird VC.


Noxtua Investors

Investors in Noxtua by funding rounds participated
InvestorHQRoundsRoleFirst check
Earlybird VCGermanyBerlin2LeadJun 2018
Global Brain CorporationJapanTokyo1LeadAug 2021
Northern DataGermanyFrankfurt1ParticipantApr 2025
CMSGermanyBerlin1ParticipantApr 2025
KDDIJapanTokyo1LeadAug 2021
Verlag C.H.BECKGermanyMunich1LeadApr 2025

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Noxtua Competitors

Noxtua competitors include listed companies like Snowflake and Z.ai, and private ones like Anthropic, OpenAI, DeepSeek and Cognition.

Public and private companies comparable to Noxtua
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
DeepSeekChinaHangzhouPrivate--$50B-
CognitionUnited StatesSan Francisco, CAPrivate$900M-$48B53.3x
Z.aiChinaChinaPublicly listed$108M($658M)$46B65.9x

Noxtua Public Comps

Noxtua is still privately-owned, but its public comps include Palantir, Snowflake, Z.ai, IonQ, MiniMax Group, Presight AI, Affle 3i, Ncino, Haizhi and C3.ai.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Z.ai$108M($658M)422.9x65.9x(69.4x)(73.0x)
IonQ$130M($531M)109.9x40.3x(26.9x)(39.1x)
MiniMax Group$79M($1.9B)131.8x-(5.5x)-
Presight AI$825M$214M6.3x5.4x24.4x20.8x
Affle 3i$282M$67M7.4x6.7x31.3x29.5x
Ncino$595M$65M4.3x4.0x39.0x15.8x

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Common questions about Noxtua

When was Noxtua founded?Noxtua was founded in 2017.
Where is Noxtua headquartered?Noxtua is headquartered in Berlin, Germany.
Is Noxtua publicly listed?No, Noxtua is a private, VC-backed company.
How much funding has Noxtua raised?Noxtua has raised $114M across 4 funding rounds.
What was Noxtua's last funding round?Noxtua's last funding round was a $91M Series B in April 2025, led by Verlag C.H.BECK.
Who are Noxtua's investors?Noxtua's investors include Earlybird VC, Global Brain Corporation, Northern Data, CMS, KDDI, Verlag C.H.BECK, Dominik Schiener and Dentons.
Which companies are comparable to Noxtua?Companies comparable to Noxtua include Anthropic, OpenAI, Snowflake, DeepSeek, Cognition and Z.ai.

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