Nvidia’s venture arm, NVentures, has made a significant investment in Swedish AI legal tech firm Legora, valuing the company at $5.6 billion. This move underscores Nvidia’s continued aggressive strategy to fund promising startups globally, deepening its engagement with innovators across various sectors.
Legora announced exclusively to CNBC that Nvidia participated in a $50 million extension of its Series D funding round. This brings the total capital raised to $600 million, following the initial close in March. The extension round also saw participation from prominent investors including Atlassian, Adams Street Partners, and Insight.
The surge in investment in AI startups reflects a strong market conviction in the transformative potential of artificial intelligence to revolutionize industries and unlock substantial efficiency gains. Nvidia, in particular, has been strategically expanding its startup investment portfolio in recent years. Beyond capital infusion, the chip giant frequently offers invaluable technical expertise and supply chain support, forging deeper ties with the most innovative companies worldwide.
Notably, Legora marks Nvidia’s first foray into the legal tech sector, according to data from Dealroom. While the specific amount of Nvidia’s investment remains undisclosed, its participation at such a high valuation signals strong confidence in Legora’s technological prowess and market position.
Legora is at the forefront of developing AI agents and tools designed to automate and streamline complex legal workflows. The company recently launched a high-profile advertising campaign featuring actor Jude Law, leveraging the slogan “Law just got more attractive,” aiming to highlight the modernization and improved efficiency brought by their AI solutions.
“Enterprise AI is now entering a new phase,” stated Max Junestrand, Legora’s CEO and co-founder. “Foundation models are improving rapidly, but the real breakthrough lies in their application. AI is moving beyond mere assistance to autonomous execution, guided by appropriate human oversight. With the unwavering support of our investors and customers, we are constructing a comprehensive agentic operating system for legal work.”
The legal tech landscape is experiencing a pronounced boom, mirroring the record-breaking funding rounds seen by major U.S. AI players like OpenAI and Anthropic earlier this year. Legora is part of a robust cohort of European tech companies that are also securing substantial investments.
Data from Dealroom indicates that European AI startups have collectively raised $15.1 billion year-to-date, a figure poised to exceed the $21.6 billion secured in the entirety of 2025. Within this broader AI surge, legal tech companies leveraging AI collectively garnered $3.7 billion globally in 2025. If current funding trends for the first five months of 2026 persist, this sector is expected to match or surpass last year’s total.
In a significant development concurrent with Legora’s funding success, U.S. rival Harvey also raised $200 million in March, achieving an $11 billion valuation.
Legora has demonstrated remarkable growth over the past year, expanding its global team from 40 to 400 professionals across key innovation hubs including Stockholm, London, New York, Denver, Sydney, and Bengaluru. The company reports recently surpassing $100 million in annual recurring revenue and currently serves tens of thousands of legal professionals. Its client base includes major corporate legal departments like Barclays, as well as leading law firms such as White & Case, HSFK, and Linklaters. This rapid expansion and substantial revenue growth highlight Legora’s successful market penetration and the increasing demand for AI-driven solutions in the legal profession.
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