AI authorized tech Legora advert that includes Jude Regulation. Credit score: Legora
Nvidia’s enterprise arm, NVentures, has invested in Swedish AI authorized tech Legora at a $5.6 billion valuation, because the chip large continues to ramp up startup funding throughout the globe.
Legora on Thursday completely advised CNBC that Nvidia had backed it as a part of a $50 million extension of its Sequence D, which introduced the full quantity to $600 million following a primary shut in March. The extension additionally noticed Atlassian, Adams Road Companions and Perception take part.
Traders have been piling into promising younger AI firms as they guess large on the business potential of tech to reshape complete industries and convey large effectivity beneficial properties.
Nvidia has been ramping up startup investments lately, as its seemed to deepen its ties to a number of the world’s most promising firms, providing technical experience and provide chain help, alongside onerous money.
Legora is its first guess within the authorized tech sector, based on Dealroom knowledge. The dimensions of its funding was not disclosed.
The AI startup is constructing AI brokers and instruments to assist legal professionals automate and streamline workflows. The corporate launched an advert marketing campaign this month that includes the actor Jude Regulation, utilizing the slogan: “Regulation simply acquired extra engaging.”
“Enterprise AI is now coming into a brand new section,” Max Junestrand, Legora’s CEO and cofounder, mentioned in an announcement.
“Basis fashions are bettering quickly, however the true breakthrough is in how they’re utilized, the place AI does not simply help, however executes autonomously with the correct stage of human oversight. With the help of our buyers and prospects, we’re constructing a full agentic working system for authorized work”.
Legora cofounders Max Junestrand and Sigge Labor
Booming authorized tech
As U.S. AI firms, together with the likes of OpenAI and Anthropic, have raised enormous sums already in 2026, Legora is a part of a cohort of European tech firms additionally choosing up report funding.
AI startups in Europe have raised $15.1 billion to date this 12 months, based on Dealroom, which is on monitor to surpass the $21.6 billion picked up in 2025.
Amid the funding growth, authorized tech utilizing AI raised $3.7 billion globally in 2025, a determine set to be roughly matched in 2026, if funding ranges for the primary 5 months of the 12 months proceed.
In March, alongside Legora’s large spherical, U.S. rival Harvey raised $200 million at an $11 billion valuation.
Over the previous 12 months, Legora has grown from 40 to 400 staff members throughout Stockholm, London, New York, Denver, Sydney and Bengaluru.
The corporate says it just lately surpassed $100 million in annual recurring income and now serves tens of hundreds of authorized professionals at main company authorized departments, corresponding to Barclays, in addition to main regulation corporations, corresponding to White & Case, HSFK, and Linklaters.
