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TNW | Investors-funding

Pigment raises $250M at $2.3B valuation in round led by EQT fund

The Paris-based planning software company says it passed $100M in annual recurring revenue this year, with Nvidia set to invest.

By TNW | Investors-funding

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·Excerpt
Pigment raises $250M at $2.3B valuation in round led by EQT fund
Image: Credit: Pigment

Pigment, a Paris-based AI software maker for business planning, announced on Wednesday that it raised $250M in a Series E round, valuing the company at $2.3B. Nvidia also plans to invest, adding to its recent European bets.

The Scaleup Europe Fund, managed by Swedish investment firm EQT, led the round. The Scaleup Europe Fund is backed by the European Commission…

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