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Category: Legal

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Noxtua raises $92M for its sovereign AI tuned for the German legal system

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor…

US indicts 12 Chinese nationals for vast espionage attack spree

The Justice Department on Wednesday indicted 12 Chinese nationals for their alleged involvement in an extensive nation-state-backed espionage campaign that included a spree of attacks on U.S. federal and state agencies, including the late 2024 attack targeting the Treasury Department.  Officials accused the Chinese individuals, including two officers of China’s Ministry of Public Security, eight…

Legal AI-startup Luminance, backed by the late Mike Lynch, raises $75M

Given Generative AI is very good at interpreting dense texts, it’s been a boon for startups attacking one of the most complex sets of texts there is: the law. We’ve thus seen an explosion of legal tech, supercharged by AI, in the last year or so.  Lawtech startup Eudia bagged $105 million only last week. …