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.

With Cross the Line, they are positioning themselves with a strong technology venture in the future market of artificial intelligence – creating value through software, consulting, and data-driven innovation.