TLDR
- Nvidia backed 14 European tech companies in 2025, up from seven in 2024 and zero in 2020
- Major investments included Mistral’s €1.7 billion round and Revolut at $75 billion valuation
- The chip maker participated in 86 global startup rounds total during 2025
- Nvidia offers technical support and supply chain help alongside capital to portfolio companies
- Investment activity continued into 2026 with Synthesia’s $200 million Series E round
Nvidia expanded its European presence in 2025. The company joined 14 funding rounds across the continent.
That marks a jump from seven deals in 2024. The growth continues a trend that started with five investments in 2023.
The company made just one European investment in 2022. It completed zero deals in 2021 and 2020.
These 14 European rounds were part of 86 total global investments. Nvidia spread capital across multiple sectors and company stages.
Major Funding Rounds Draw Nvidia Capital
French AI developer Mistral landed €1.7 billion in September. The Series C valued the company at €11.7 billion.
Nvidia had already backed Mistral’s Series B in 2024. The repeat investment shows continued confidence in the AI lab’s technology.
UK data center firm Nscale received the most attention. CEO Jensen Huang pledged £500 million to the company in September.
Nscale then closed two rounds totaling $1.5 billion. Both deals included Nvidia participation.
Quantum computing company Quantinuum raised $600 million at a $10 billion valuation. The funds will develop the firm’s Helios quantum system.
German coding platform Lovable secured $330 million in December. The Series B valued the startup at $6.6 billion.
Black Forest Labs raised $300 million for AI visual content models. The German company reached a $3.25 billion valuation.
Strategy Behind Investment Spree
Morningstar analyst Brian Colello explained the approach. The investments mirror Nvidia’s global strategy of reinvesting cash into the AI ecosystem.
The chip giant provides more than money. Companies receive technical expertise and supply chain support.
German workflow firm N8n raised $180 million in October. The Series C brought its valuation to $2.5 billion.
UK materials platform CuspAI announced $100 million in September. British voice AI firm PolyAI closed $86 million in December.
French chip maker Scintil Photonics secured €50 million. The company builds silicon photonic circuits for AI data centers.
Portfolio Additions Continue in 2026
British AI startup Synthesia announced $200 million on Monday. The Series E included Nvidia as a participant.
UK biotech Charm Therapeutics raised $80 million with Nvidia backing. The chip maker first invested $20 million in the company in 2023.
PhysicsX secured $20 million for manufacturing simulation software. Nvidia holds rights to invest $80 million more in the next round.
Fintech giant Revolut sold shares to Nvidia in November. The deal valued Europe’s top startup at $75 billion.
UK firm Cassava Technologies received undisclosed funding in October. The company operates internet services and data centers across Africa.
Nvidia’s European investment count grew from zero to 14 deals between 2020 and 2025.