Legora, an AI platform built for lawyers, has raised a $50 million extension from Nvidia’s venture arm, NVentures, reports CNBC.
The raise brings the Swedish company’s recent Series D funding round total to $600 million. At the time of the first close in March, Legora was valued at $5.5 billion.
Atlassian, Adams Street Partners and Insight Partners also participated in the extension, according to CNBC.
The valuation was a big jump from the $1.8 billion Legora achieved just last October, when it raised a $150 million Series C round. The company has now raised a total of $866 million since being founded in 2023 by Max Junestrand, Sigge Labor and August Erséus.
Nvidia has been an active startup investor, backing over three dozen companies so far in 2026, according to Crunchbase data. The chip giant has a stake in several of the most valuable AI companies, including OpenAI, Databricks, xAI and ScaleAI. It also has a number of power-generation-related investments sprinkled in, indicating ongoing concern and interest in how we are going to feed all those power-hungry AI bots.
Record legal tech funding
Meanwhile, venture funding for legal tech startups reached a record high in 2025, driven by investor enthusiasm for AI’s potential to automate the legal profession. Per Crunchbase data, companies in the legal and legal technology sectors raised $4.08 billion in seed- through growth-stage funding in 2025. That’s an impressive 77.4% increase from the $2.3 billion raised by legal tech startups in 2024.
So far this year, legal tech startups have already raised more than $1.3 billion, per Crunchbase data.
Other startups in the industry that have closed on sizable fundings over the past year include:
- Filevine: A provider of legal practice management software, Filevine announced in September that it had closed on two previously undisclosed rounds totaling $400 million. Insight Partners led the first round and, interestingly, joined Accel and Halo Experience Co. to co-lead the second.
- Harvey: San Francisco-based Harvey, a provider of AI tools for legal professionals, closed on four separate funding rounds in 2025, including two rounds of $300 million each. To date, the 3-year-old company has raised more than $1 billion.
- Blue J: Toronto-based Blue J, developer of a GenAI tax research platform that counts legal professionals among its core users, raised $122 million in an August Series D financing led by Oak HC/FT and Sapphire Ventures.
- Eudia: Palo Alto, California-based Eudia, which develops an intelligence platform for Fortune 500 legal teams, landed up to $105 million in a Series A financing led by General Catalyst.
Related Crunchbase query:
Related reading:
- Swedish Legal Tech Startup Legora Triples Valuation To $5.55B With $550M Series D Led By Accel
- Legal Tech Investment Hits All-Time High With Filevine Funding
Illustration: Dom Guzman
Source: news.crunchbase.com
