As a $4.3 trillion company, has the financial resources to invest in a lot of startups. Lately, it鈥檚 had the motivation to do so too.
So far this year, the chip designer and most highly valued U.S. public company has made at least 42 investments in private companies, either directly or through its venture arm, per 附近上门 . That鈥檚 up slightly from the year-ago period, which was already unusually busy.
As illustrated below, Nvidia wasn鈥檛 always such a prolific startup investor. The chip giant began picking up the pace in 2023, and so far it hasn鈥檛 looked back.
A penchant for 鈥榟ard tech鈥
Nvidia鈥檚 startup investments this year cover a diverse array of businesses. One thing they share in common, however, is a focus on 鈥渉ard tech鈥 鈥 solving entrenched, complicated problems with advanced technologies and teams with deep expertise.
In other words, these aren鈥檛 mom-and-pop startups anyone could dream up at the kitchen table.
For proof, look at one of the largest rounds that Nvidia backed this year: An $863 million Series B for , which hopes to be first in the world to commercialize fusion power.
Or consider , a quantum computing startup that landed $600 million last month in an NVentures-led round. And don鈥檛 leave out , the French GenAI startup that just closed the largest round to date for a European AI company.
The NVentures mission statement is to invest in companies that are 鈥渟olving complex problems鈥 and it鈥檚 not limited by sector. The portfolio today spans from robotics to biotech to . Nvidia is also active in working with very nascent companies, often through its program for AI startups.
Typically, a nonlead role
Although Nvidia has sometimes served as lead investor, typically it does not. This held true in 2025, with the chip giant and its venture arm disclosing a lead role in only five rounds 鈥 or roughly 1 in 8 they backed.
Of those, several were rather large. The second-biggest after Quantinuum was a $300 million Series D for , an Israeli enterprise AI startup. Nvidia also co-led a $135 million Series B for , which develops AI software to power robots.
Investing with a broad brush
If we were to generalize Nvidia鈥檚 strategy based on its known funding rounds for the past few years, the driving interest appears to be to have a stake in companies likely to play a transformative role in the future of AI technology.
Nvidia has a stake in several of the most-valuable AI companies, including , , and . It also has a number of聽 power generation-related investments sprinkled in, indicating ongoing concern and interest in how we are going to feed all those power-hungry AI bots.
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