Scaleup Europe Fund leads $250M funding round in Pigment

Paris-based Pigment, which provides AI-powered business planning software for enterprises, secured $250M in Series E funding at a $2.3bn valuation. The round was led by the Scaleup Europe Fund (managed by EQT), with participation from World Innovation Labs and existing investors including Greenoaks, Iconiq, IVP, Meritech, and Nvidia. Pigment competes with Microsoft Excel, SAP, IBM and Anaplan. The company plans to use the funding to accelerate R&D and expand its engineering team. Customers include Siemens, Unilever, Anthropic, and ElevenLabs.

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