Nvidia Venture Arm Backs Legora with $50m as Shares Top $5.26 Trillion
Nvidia’s NVentures invested in Legora’s $50m Series D extension, bringing total equity raised to $600m at a $5.6bn post-money valuation. Nvidia shares have climbed 96.1% over the past year, lifting its market capitalisation above $5.26tn as analysts track its 50-day moving average momentum.
1. Nvidia’s NVentures Joins Legora Funding
Nvidia’s venture capital division, NVentures, joined the extension of Legora’s Series D, contributing to a $600m equity pool that values the Swedish legal tech startup at $5.6bn post-money. The investment underscores Nvidia’s strategic push into AI software solutions and expands NVentures’ portfolio in enterprise AI.
2. Record Stock Gains and Moving Average Focus
Nvidia stock has rallied 96.1% over the last year, pushing its market capitalisation beyond $5.26tn. Analysts are monitoring the 50-day moving average for signs of sustained momentum as institutional investors revisit their positioning on Nvidia’s AI leadership thesis.