NVIDIA Corporation (NVDA.US) makes its first move into legal AI, betting on the $5.6 billion valuation startup Legora.

NVIDIA Corporation's venture capital arm, NVentures, has invested in the Swedish AI legal tech company Legora, with the latter being valued at $5.6 billion. The chip giant is continuing to increase its investment in startups globally. Legora revealed on Thursday that NVIDIA Corporation participated in its Series D funding round with an additional investment of $50 million. With this additional round, Legora's total Series D funding reached $600 million, following the completion of the first round in March. Other participants in this additional round include Atlassian, Adams Street Partners, and Insight Partners. Investing in AI dark horses Investors are flocking to promising young AI companies, betting on their technology to reshape industry landscapes and bring significant efficiency improvements. In recent years, NVIDIA Corporation has been ramping up its investment in startups, aiming to deepen its connections with the most promising companies globally. Apart from providing financial support, they also offer technical expertise and supply chain assistance. According to Dealroom data, this is NVIDIA Corporation's first investment in the legal tech field. The specific amount of investment has not been disclosed. Legora is building AI smart agents and tools to help lawyers automate and simplify workflows. The company launched an advertising campaign this month starring actor Jude Law, with the slogan: "Law, never so fascinating." Max Junestrand, co-founder and CEO of Legora, said in a statement: "Enterprise AI is entering a new stage. The foundational models are progressing rapidly, but the real breakthrough lies in how they're appliedAI is no longer just assisting; it's autonomously performing tasks under proper human supervision. With the support of investors and clients, we are creating a complete intelligent operating system for legal work." Legal tech boom While American AI companies like OpenAI and Anthropic have raised huge amounts of funding in 2026, Legora is also setting funding records among European tech companies. According to Dealroom data, European AI startups have raised $15.1 billion so far this year, with the potential to exceed the $21.6 billion raised in all of 2025. In the investment frenzy, AI legal tech companies raised $3.7 billion globally in 2025. If the fundraising momentum of the first five months continues this year, 2026 is expected to be roughly on par. In March, alongside Legora's large funding round, its American competitor Harvey raised $200 million at a valuation of $11 billion. Over the past year, the Legora team has grown from 40 to 400 people, spread across Stockholm, London, New York, Denver, Sydney, and Bangalore. The company stated that its annual recurring revenue (ARR) recently surpassed $100 million, providing services to tens of thousands of legal professionals in major corporate legal departments like Barclays, as well as top law firms like White & Case, HSFK, and Linklaters.