Nvidia backs Swedish AI legal startup Legora at $5.6 billion valuation
Summary
Nvidia's venture arm has led a $50 million investment in Legora, a Swedish AI for Legal startup, extending its Series D round to $600 million. The chip maker valued the company at $5.6 billion, marking its first investment in legal technology. Legora develops AI Agents & Automation tools that execute legal tasks with minimal human intervention. The company has grown from 40 to 400 employees in a year and recently surpassed $100 million in annual recurring revenue, serving clients like Barclays and White & Case. This investment is part of a broader trend in AI legal technology funding, with global companies raising $3.7 billion in 2025 and European startups tracking toward a record year. Nvidia's move reflects a strategy to deepen ties with promising companies through technical support and capital.
(Source:Complete Ai Training)