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Scaleup Europe Fund leads $250M funding round in Pigment

Pigment raises $250M Series E led by Scaleup Europe Fund at a $2.3bn valuation.

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Key points

  • Pigment raised $250m at a $2.3bn valuation, the French enterprise software startup said today.
  • The round was led by the EU's new €5bn ($5.6bn) investment fund aimed at scaling up future European tech giants.
  • Paris-based Pigment offers a business planning platform and competes with Microsoft Excel, SAP, IBM and Anaplan.

Why it matters. The deal shows EU-backed capital being directed at scaling European tech companies, with Pigment valued at $2.3bn as it competes with established planning software players.

Updated Sources: Tech.eu

French enterprise software startup Pigment has raised $250m at a $2.3bn valuation, it said today. The funding round was led by the EU's new €5bn ($5.6bn) investment fund aimed at scaling up future European tech giants. Paris-based Pigment offers enterprises a business planning platform for finances, operations and forecasting, and competes against Microsoft Excel, SAP, IBM and Anaplan. The Series E round was led by the Scaleup Europe Fund, managed by EQT.

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Scaleup Europe Fund leads $250M funding round in Pigment

French enterprise software startup Pigment has raised $250m at a $2.3bn valuation, it said today, in a funding round led by the EU's new €5bn ($5.6bn) investment fund aimed at scaling up future Europe... French enterprise software startup Pigment has raised $250m at a $2.3bn valuation, it said today, in a funding round led by the EU's new €5bn ($5.6bn) investment fund aimed at scaling up future European tech giants.Paris-based Pigment offers enterprises a business planning platform, helping businesses plan finances, operations and forecasting. It competes against the likes of Microsoft Excel, SAP, IBM and Anaplan. Pigment’s Series E round was led by the Scaleup Europe Fund, managed by EQT,….

Tech.eu

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