Nvidia’s venture arm, NVentures, has invested in Legora, a Swedish company that makes AI legal technology. This investment values Legora at $5.6 billion. The chip giant continues to increase its funding for startups across the globe.
Legora told CNBC exclusively on Thursday that Nvidia backed it as part of a $50 million extension to its Series D funding round. This extension brought the total funding for that round to $600 million, following an initial closing in March. Other investors in this extension included Atlassian, Adams Street Partners, and Insight.
Investors are pouring money into promising young AI companies. They are betting big on the idea that this technology can transform entire industries and bring huge gains in efficiency. Nvidia has been increasing its startup investments in recent years. The company aims to build stronger ties with some of the world’s most promising companies, offering technical help and supply chain support, in addition to cash.
Legora is Nvidia’s first investment in the legal tech sector, according to data from Dealroom. The exact amount of Nvidia’s investment was not revealed. The AI startup is creating AI agents and tools to help lawyers automate and simplify their work. This month, the company launched an advertising campaign featuring actor Jude Law, using the slogan: “Law just got more attractive.”
“Enterprise AI is now entering a new phase,” said Max Junestrand, Legora’s CEO and co-founder, in a statement. “Basic AI models are getting better quickly, but the real breakthrough is in how we use them. AI doesn’t just help; it acts on its own with the right amount of human oversight. With the support of our investors and customers, we’re building a complete agentic operating system for legal work.”
While U.S. AI companies like OpenAI and Anthropic have already raised huge amounts in 2026, Legora is part of a group of European tech companies also getting record funding. AI startups in Europe have raised $15.1 billion so far this year, according to Dealroom. This amount is on track to surpass the $21.6 billion raised in all of 2025.
Amid this investment boom, legal tech companies using AI raised $3.7 billion globally in 2025. This figure is expected to be roughly matched in 2026 if funding levels continue at the pace seen in the first five months of the year. In March, around the same time as Legora’s large funding round, its U.S. rival Harvey raised $200 million at an $11 billion valuation.
Over the past year, Legora has grown from 40 to 400 team members. Its offices are in Stockholm, London, New York, Denver, Sydney, and Bengaluru. The company says it recently passed $100 million in annual recurring revenue. It now serves tens of thousands of legal professionals in major corporate legal departments, such as Barclays, and leading law firms like White & Case, HSFK, and Linklaters.
