🏆 Deal of the Month · April 2025
Noxtua raised EUR 80.7 million in a Series B round; the post-money valuation remains undisclosed. The round was supported by Verlag C.H.BECK, Northern Data Group, Dentons, and CMS. The deal was recognised as Venionaire DealMatrix Deal of the Month for April 2025.
Noxtua — key deal facts
| Company | Noxtua |
| Founded | 2017 |
| Headquarters | Berlin, Germany |
| Amount raised | EUR 80.7m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Verlag C.H.BECK, Northern Data Group, Dentons, CMS |
| Sectors | Artificial Intelligence |
Who invested in Noxtua?
The Series B was backed by Verlag C.H.BECK, Northern Data Group, Dentons, and CMS. The investor mix is strategically notable: two of the four backers — Dentons and CMS — are among the largest global law firms, providing direct distribution access and domain-specific validation. Verlag C.H.BECK is a leading legal publisher in the German-speaking market, while Northern Data Group adds infrastructure and AI compute expertise.
What does Noxtua do?
Noxtua develops a sovereign Legal AI platform purpose-built for legal professionals in Europe. Its core product, the Legal AI Workspace, covers the full spectrum of legal text work — from research and contract analysis to the drafting and review of legal documents. The company was founded in 2017 by Dr. Leif-Nissen Lundbæk (CEO) and Professor Dr. Michael Huth, drawing on research originating at Oxford University and Imperial College London. Noxtua is headquartered in Berlin, Germany.
Noxtua valuation & multiples
No verified EV/Sales or EV/EBITDA multiples are available for this transaction, as Noxtua's post-money valuation was not disclosed. Once comparable disclosed-valuation rounds in the European Legal AI segment emerge, standard SaaS and AI-platform multiples frameworks will apply. Readers can explore current benchmark ranges on our Artificial Intelligence sector multiples pages.
Explore the benchmarks: Series B.
Frequently asked questions
How much did Noxtua raise in its Series B?
Noxtua raised EUR 80.7 million in its Series B round, announced in April 2025.
What is Noxtua's valuation?
Noxtua's post-money valuation was not disclosed as part of this Series B announcement.
Who invested in Noxtua?
The Series B investors were Verlag C.H.BECK, Northern Data Group, Dentons, and CMS.
When was Noxtua founded and where is it based?
Noxtua was founded in 2017 and is headquartered in Berlin, Germany.
Source: original announcement — read the full report.