Round and valuation

Paris-based Pigment, which makes AI-assisted business planning software, has raised $250M in a Series E round. The company was valued at $2.3B in the round.

Who is involved

The round was led by the Scaleup Europe Fund, managed by Swedish investment firm EQT. NVIDIA also plans to invest, adding to its recent European bets.

Why it matters

Pigment's platform aims to bring budgeting, sales and operational planning into a single AI-supported tool for companies. The raise shows that large-scale funding rounds for enterprise software continue in Europe.

Context

NVIDIA has announced a broad slate of European investments and partnerships in recent weeks, from open models to data centers. Its planned participation in Pigment can be read as the software-side extension of that push.