Nvidia invests in AI legal startup Legora at $5.6B valuation, deepening push into agentic AI

Nvidia is tightening its grip on the next wave of AI by backing a fast-rising legal tech startup now valued in the billions. The chip giant’s venture arm, NVentures, has backed Swedish startup Legora at a $5.6 billion valuation, according to an exclusive report from CNBC.

The investment is part of a $50 million extension to Legora’s Series D, pushing the total round to $600 million after its initial close in March. The extension drew participation from Atlassian, Adams Street Partners, and Insight Partners.

The move marks Nvidia’s first known bet in legal tech, and it signals a broader shift in how the company is placing its chips across the AI ecosystem. Beyond selling hardware, Nvidia is building relationships with startups that could shape how AI is used across industries.

Legora sits right in the middle of that shift. The company is building AI agents to handle legal workflows, from document review to case preparation. The pitch is straightforward: software that doesn’t just assist lawyers but takes on meaningful portions of the work, with humans staying in control of the final output.

Founded in 2023 by Max Junestrand and Sigge Labor at the Stockholm School of Economics’ Business Lab, Legora is building software that automates routine legal work without taking lawyers out of the loop.

“Enterprise AI is now entering a new phase,” Max Junestrand, Legora’s CEO and cofounder, told CNBC in a statement.

“Foundation models are improving rapidly, but the real breakthrough is in how they’re applied, where AI doesn’t just assist, but executes autonomously with the right level of human oversight. With the support of our investors and customers, we’re building a full agentic operating system for legal work”.

That idea is gaining traction across the industry. Companies like OpenAI and Anthropic have pulled in massive funding rounds this year, pushing AI deeper into enterprise use cases. Europe is starting to produce its own heavyweights, and Legora is emerging as one of the region’s standout players.

The numbers back that up. AI startups in Europe have raised $15.1 billion so far this year, putting the region on track to top last year’s $21.6 billion total. Legal tech is carving out its own lane within that surge. Globally, AI-driven legal startups brought in $3.7 billion in 2025, and the current funding pace suggests 2026 could match that figure.

Competition is heating up. U.S.-based rival Harvey raised $200 million earlier this year at an $11 billion valuation, underscoring how quickly the category is scaling.

Legora’s growth tells a similar story. The company has grown from 40 to 400 employees in about a year, with offices in Stockholm, London, New York, Denver, Sydney, and Bengaluru. It recently crossed $100 million in annual recurring revenue and now serves tens of thousands of legal professionals. Its customer list includes major corporate legal teams like Barclays and top law firms such as White & Case, HSFK, and Linklaters.

TechStartups first covered Legora in October, when the company was in advanced talks to raise over $100 million at a valuation of around $1.7 billion.

For Nvidia, the investment goes beyond legal tech. It’s a bet on a future where AI agents take on specialized work across industries, from finance to healthcare to law. The companies that build those systems will need enormous computing power, and Nvidia is positioning itself at the center of that demand.

The message is clear. The next phase of AI isn’t about chatbots. It’s about systems that can act.

Legora Founders