AI legal tech Legora ad featuring Jude Law. Credit: Legola
Nvidia’s Venture arm NVentures has invested in Swedish AI legal tech Legora at a valuation of $5.6 billion, as the chip giant continues to raise startup funding around the world.
Regola exclusively told CNBC on Thursday that Nvidia backed the company as part of a $50 million Series D extension, bringing the total to $600 million after the initial close in March. Atlassian, Adams Street Partners, and Insight also participated in the expansion.
Investors are flooding into promising young AI companies, betting big on the technology’s commercial potential to reshape entire industries and deliver massive efficiency gains.
Nvidia has increased its investment in startups in recent years, deepening its relationships with some of the world’s most promising companies, aiming to provide cash as well as technical expertise and supply chain support.
Legora is its first bet in the legal tech space, according to Dealroom data. The size of the investment was not disclosed.
AI startups are building AI agents and tools that allow lawyers to automate and streamline their workflows. This month, the company launched an advertising campaign starring actor Jude Law with the slogan “The law just got more sexy.”
“Enterprise AI is now entering a new phase,” Max Joonstrand, CEO and co-founder of Legora, said in a statement.
“The underlying model is rapidly improving, but the real breakthrough is in how it is applied, where AI not only assists, but also runs autonomously, with the right level of human oversight. With the support of our investors and clients, we are building a complete agent operating system for the practice of law.”
Legora co-founders Max Junestrand and Sidge Reiber
Legal tech is booming
With US AI companies such as OpenAI and Anthropic already raising huge amounts of funding for 2026, Regola joins a growing number of European technology companies that are also raising record funding.
European AI startups have raised $15.1 billion so far this year and are on track to raise more than $21.6 billion by 2025, according to Dealroom.
Amid an investment boom, AI-powered legal tech has raised $3.7 billion globally in 2025, a number that is expected to roughly match in 2026 if funding levels from the first five months of this year continue.
In March, parallel to Legora’s big round, US rival Harvey raised $200 million at a valuation of $11 billion.
Over the past year, Legora has grown from 40 to 400 team members across Stockholm, London, New York, Denver, Sydney, and Bengaluru.
The company says it recently surpassed $100 million in annual recurring revenue and now serves tens of thousands of legal professionals at major corporate law departments such as Barclays and large law firms such as White & Case, HSFK and Linklaters.
