Pigment, a Paris-based AI software company for business planning, announces a $250 million Series E funding round at a $2.3 billion valuation. Quartz, The Next Web, Sifted, Tech.eu and PR Newswire all report the round size and valuation, with the financing led by the Scaleup Europe Fund managed by EQT.
Several outlets also add details on context and momentum. Quartz says Pigment’s annual recurring revenue has topped $100 million this year, doubling from the prior year. Tech.eu frames the deal in relation to Europe’s broader investment push, noting the Scaleup Europe Fund as part of the EU’s new €5 billion fund aimed at scaling up businesses across the region.
Other reporting focuses on investor participation. The Next Web says Nvidia plans to invest, while PR Newswire specifies participation from existing investors including WIL (World Innovation Lab) and notes a planned investment from NVIDIA. Across outlets, the emphasis differs between financial headline figures, revenue performance, and the role of specific backers.
