News & Insights

NXAI is an AI venture based in Linz, emerging from the Johannes Kepler University ecosystem (LIT AI Lab). It was founded in late 2023 by a team including Prof. Sepp Hochreiter to translate cutting‑edge research into industrial‑scale applications—particularly for manufacturing, engineering, logistics, and energy. Prof. Sepp Hochreiter is widely known as the co‑inventor of Long Short‑Term Memory (LSTM) networks, a cornerstone of modern AI, and leads the LIT AI Lab at JKU Linz.

GxG Legal attorneys Dr. Nikita Gontschar, Frank Rodenhausen and Lara Köster advised a BLC Venture Capital on its investment in somana, Terra Green Solutions and Zodiaque. The transactions align with BLC’s strategy of backing ventures that drive the sustainable economy and benefit from optimized financing structures, strategic support, and access to a partner ecosystem.

GxG Legal advises on the sale of four business jets to Aerowest Group

GxG Legal advises CM Venture GmbH on Investment in HyTi GmbH.

Family offices support families in particular with the management of their assets.

GxG Legal advises HT Group on the launch of its first opportunity fund in Luxembourg