NVentures Portfolio: AI Startups Backed by Nvidia (2025 Tracker)
Track the AI startups backed by NVentures, Nvidia’s venture arm. From GenAI infrastructure to robotics, see how Nvidia is fueling the next wave of AI innovation.
Nvidia is quietly building the future of AI through its venture arm, NVentures. From foundational models to GPU cloud infrastructure, Nvidia is backing the startups fueling next-gen AI.
This live tracker highlights the AI startups NVentures has invested in across sectors like healthcare, infrastructure, robotics, and generative AI. We update this monthly to help investors, founders, and operators follow the money (and the GPUs).
| Company | Sector | Funding Round | Amount Raised | Year | Notes |
|---|---|---|---|---|---|
| Together AI | Foundation Models | Series B | $305M | 2025 | Co-led with General Catalyst |
| Lambda Labs | AI Infrastructure | Series D | $480M | 2025 | Participated alongside ARK Invest |
| Hippocratic AI | Health AI | Series B | $141M | 2025 | Co-investor with Kleiner Perkins |
| CoreWeave | GPU Cloud Infra | Pre-IPO | $1.5B IPO | 2025 | Major pre-IPO backer |
| Runway ML | GenAI / Video | Series C | $141M | 2023 | Visual foundation models |
| Hugging Face | Open Source AI | Series D | $235M | 2023 | Strategic LP |
| Perplexity AI | AI Search | Series B | $73.6M | 2024 | Participated with IVP |
Know a startup we missed? Email us to get it added.
Top NVentures-Backed AI Startups (2025)
1. Lambda Labs
- Round: $480M Series D (Feb 2025)
- Sector: AI Infrastructure / Cloud GPU Services
- What They Do: Offer GPU-packed cloud & software for AI training and inference.
- Why It Matters: NVentures-backed ramp-up in GPU cloud infrastructure; directly fuels Nvidia chip demand.
2. CoreWeave
- Status: Pre-IPO (~2025)
- Sector: GPU Cloud Infrastructure
- What They Do: Rent Nvidia GPUs at scale for hyperscaler-level AI compute.
- Why It Matters: NV pushes compute ecosystem expansion; CoreWeave is a commercial proxy for CUDA/GPU stack.
3. Together AI
- Round: $305M Series B (2025)
- Sector: Foundation Models / LLM Infrastructure
- What They Do: Platform for training and deploying LLMs.
- Why It Matters: NV co-invests in model layer to be central to AI model development pipelines.
4. Hippocratic AI
- Round: $141M Series B (2025)
- Sector: Healthcare AI
- What They Do: Develops safe, non-diagnostic generative AI agents for patient care.
- Why It Matters: NV invests in AI that requires high trust and domain fidelity.
5. Perplexity AI
- Round: ~$500M Series B (Dec 2025)
- Sector: AI Search / Knowledge Agents
- What They Do: Build generative AI–powered search agents.
- Why It Matters: NV continues backing AI apps that drive GPU-demand economies.
6. Runway ML
- Round: $141M Series C (2023)
- Sector: Generative AI / Video Tools
- What They Do: Build visual foundation models for creators.
- Why It Matters: NV invests in creative AI that pushes GPU utilization.
7. Hugging Face
- Round: $235M Series D (2023)
- Sector: Open Source Foundation Models
- What They Do: Host and develop open AI models with broad developer reach.
- Why It Matters: Strategic NV LP in open-source model infrastructure.
8. Quantinuum
- Round: $600M Series E (2025)
- Sector: Quantum Computing
- What They Do: Push quantum hardware for complex AI compute.
- Why It Matters: NV moves into quantum to prepare for next-gen compute beyond GPUs.
9. TerraPower
- Round: $650M (2025)
- Sector: Clean Energy / Nuclear Power
- What They Do: Develops small sodium fast nuclear reactors to power AI data centers.
- Why It Matters: NV backs infrastructure to sustain AI’s massive energy demands.
📈 Why Nvidia Invests in These Startups
- Drive demand for Nvidia chips (H100, GH200, etc.)
- Anchor Nvidia in the AI stack (models, infra, apps)
- Influence industry standards (CUDA, NVLink, GPU cloud)
Backing the right companies means shaping the future AI economy and ensuring Nvidia's chips stay at the center.
Related Investor Trackers
- a16z AI Portfolio: Startups Backed by Andreessen Horowitz
- SoftBank’s AI Portfolio: Startups Backed by the Vision Fund (2025 Tracker)
- Founders Fund Portfolio: AI Startups Backed by Peter Thiel’s Firm
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