Nvidia’s AI empire: A look at its top startup investments

No company has made the AI revolution more dramatic than Nvidia. Turnover, profitability and cash reserves have risen since the introduction of Chatgpt more than two years ago – and the many competing generative AI services that have since been launched. And the stock price rose.
During that period, the world’s leading powerful GPU maker used his balloon vorters to considerably increase investments in all kinds of startups, but in particular in AI startups.
The chip giant increased its risk capital activity in 2024, and participated in 49 financing rounds for AI companies, a strong increase of 34 in 2023, according to PitchBook data. It is a dramatic increase in investments compared to the previous four years, in which Nvidia has only financed 38 AI Deals. Note that these investments made by its Formal Corporate VC Fund, Nventures, exclude that the investment has also significantly increased in the past two years. (PitchBook says that Nventures held 24 deals in 2024 compared to only 2 in 2022.)
In 2025, Nvidia already participated in seven rounds.
Nvidia said That the aim of his business investment is to expand the AI ecosystem by supporting startups that it regards ‘Game Changers and Marketmakers’.
Below is a list of startups that have collected rounds of more than $ 100 million, with Nvidia since 2023 a mentioned participant, including new ones who have supported it so far in 2025, organized from the highest amount to lowest raised in the round.
The billion dollar-round club
OpenAI: Nvidia supported the Chatgpt -Maker for the first time in October and reportedly wrote a $ 100 million check in the direction of a colossal round of $ 6.6 billion that the company appreciated to $ 157 billion. The investment of the chip maker was overshadowed by the other Backers of OpenAi, in particular thriving, which, according to the New York Times, invested $ 1.3 billion.
Xai: Nvidia participated in the $ 6 billion round of Elon Musk’s Xai. The deal showed that not all Openai investors followed his request To refrain from supporting one of his direct competitors. After investing in the chatgpt -maker in October a few months later, Nvidia joined Xai’s Cap Table.
Bending: One of the first important AI investments from Nvidia also had one of the most unusual results. In June 2023, Nvidia was one of the many main investors in the Tour of $ 1.3 billion of Infrend, a company founded by Mustafa Suleyman, who previously founded DeepMind. Less than a year later, Microsoft hired the founders of Inflection AI, and paid $ 620 million for a non-exclusive technology license, so that the company had a considerably reduced workforce and a less defined future.
Wayve: In May, Nvidia participated in a round of $ 1.05 billion for the startup based in the VK, which develops a self -learning system for autonomous driving. The company tests its vehicles in the UK and the San Francisco Bay Area.
Scale AI: In May 2024, NVIDIA joined Accel and other Tech giants Amazon and Meta to invest $ 1 billion in scale AI, which offers data labeling services to companies for training AI models. De Ronde appreciated the company based in San Francisco at almost $ 14 billion.
The many hundred-of-Millions-of-Dollars Club
Crusoe: A startup building data centers Reportedly To be rented to Oracle, Microsoft and OpenAi, according to a SEC entering at the end of November, collected $ 686 million at the end of November. The investment was led by Founders Fund and the long list of other investors included Nvidia.
Figure AI: In February 2024, AI Robotics Startup figure has collected a series B of $ 675 million from Nvidia, OpenAI Startup Fund, Microsoft and others. De Ronde appreciated the company at $ 2.6 billion.
Mistral AI: NVIDIA invested in Mistral for the second time when the French developer in the French Great Language Model collected a series B of $ 640 million at a rating of $ 6 billion in June.
Lambda: AI Cloud provider Lambda, who offers services for model training, has a $ 480 million series D on one reported $ 2.5 billion appreciation In February. De Ronde was co-read by SGW and Andra capital Lambda, and accompanied by Nvidia, Ark Invest and others. A significant part of the Lambda company includes renting servers powered by the GPUs of Nvidia.
Related: In June, Nvidia invested in the Tour of $ 500 million from Colhere, a large supplier of language model that serves companies. The chip maker first supported the startup in Toronto in 2023.
Confusion: NVIDIA invested for the first time in processing in November 2023 and participated in every subsequent round of the AI startup of the search engine, including the Tour of $ 500 million in December, which the company appreciates $ 9 billion, according to PitchBook data.
Poolside: In October the Ai Coder assistant Startup Poolide announced that it collected $ 500 million under the leadership of Bain Capital Ventures. Nvidia participated in De Ronde, which appreciated the AI startup at $ 3 billion.
CoreWeave: NVIDIA invested in the AI Cloud Computing Provider in April 2023, when CoreWeave yielded $ 221 million in financing. Since then, the appreciation of CoreWeave has risen from around $ 2 billion to $ 19 billion and the company has requested an IPO. With CoreWeave can rent NVIDIA GPUs per hour.
Together ai: In February, Nvidia participated in the Series B of $ 305 million From this company, which offers cloud-based infrastructure for building AI models. De Ronde together appreciated $ 3.3 billion, and was also led by Welvaart7, a Saudi Arabic Venture company and general catalyst. Nvidia supported the company for the first time in 2023.
Sakana Ai: In September, Nvidia invested in the The startup based in Japan, which trains cheap generative AI models with the help of small data sets. The startup collected a huge series A round of around $ 214 million with a rating of $ 1.5 billion.
Imbue: The AI Research Lab claims to develop AI systems that can reason a round of $ 200 million in September 2023 and collected a round of $ 200 million from investors, including Nvidia, Astera Institute, and former Cruise CEO Kyle Vogt.
Waabi: In June, the autonomous startup of the truck collected a series B of $ 200 million, led by existing investors Uber and Khosla Ventures. Other investors were Nvidia, Volvo Group Venture Capital and Porsche Automobil Holding SE.
Deals of more than $ 100 million
Ayar Labs: In December, Nvidia invested in the $ 155 million round Van Ayar Labs, A Company develops optical interconnects to improve AI calculation and power efficiency. This was the third time that Nvidia supported the startup.
Kore.ai: The startup that developed on business-oriented AI-Chatbots raised $ 150 million in December 2023.
Hippocratic Ai: This startup, which develops large language models for health care, announced in January that it collected a series B of $ 141 million in a rating of $ 1.64 billion led by smaller Perkins. Nvidia participated in De Ronde, together with recurring investors Andreessen Horowitz, general catalyst and others. The company claims that its AI solutions can process non-diagnostic patient-oriented tasks, such as pre-operational procedures, external patient monitoring and preparation for the appointment.
Weka: In May, Nvidia invested in a round of $ 140 million for AI-Native Data Management Platform Weka. The round appreciated the Silicon Valley Company at $ 1.6 billion.
Runway: In June 2023, Runway, a generative AI tools of the Startup building for multimedia -has collected a series of C extension of $ 141 million from investors, including Nvidia, Google and Salesforce.
Clear machines: In June 2024, Nvidia participated in one $ 126 million Series C From clear machines, smart robotics and AI-driven software startup.
Enfabrica: In September 2023, Nvidia invested in the B. $ 125 million in Network Chips designer Enfabrica B. Although the startup collected another $ 115 million in November, Nvidia did not participate in De Ronde.
Note from the editors: Previous version of this story wrongly stated that Nvidia is a backer of safe super intelligence and an investor in the Series E round of fixed data. Nvidia has since series D.