AI Business
Apr 30, 2026
Nvidia invests in AI legal tech startup Legora, boosting Series D funding to $600 million
Apr 30, 2026
AI Summary
Nvidia's venture arm, NVentures, has invested in Legora, a Swedish AI legal tech company, as part of a $50 million extension of its Series D funding round. This investment reflects Nvidia's strategy to deepen ties with promising startups and comes as AI legal tech sees significant growth and funding in Europe.
- Nvidia's venture arm, NVentures, has invested in Legora at a valuation of $5.6 billion.
- The investment is part of a $50 million extension of Legora's Series D funding, increasing the total to $600 million.
- Other participants in the funding round include Atlassian, Adams Street Partners, and Insight.
- Legora focuses on developing AI agents and tools to automate legal workflows and recently launched an ad campaign featuring actor Jude Law.
- The company has grown significantly, expanding its workforce from 40 to 400 employees across multiple cities.
- Legora has surpassed $100 million in annual recurring revenue and serves numerous legal professionals and major corporate legal departments.
- AI startups in Europe have raised $15.1 billion in 2026, with legal tech companies attracting $3.7 billion globally in 2025, indicating a strong investment trend in the sector.
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