Nvidia-Backed Pigment Nabs $250 Million to Challenge Microsoft
Pigment, a French AI company that competes with Microsoft’s Excel and PowerPoint, has raised $250 million in a funding round, bolstering a push by a prominent European startup to take on an American technology giant. The financing, set to be announced Tuesday, values the company at $2.3 billion. The Scaleup Europe Fund led the round, with participation from Nvidia Corp. and World Innovation Lab, a US and Japan-based fund, as well as existing institutional investors Iconiq, IVP and Meritech Capit
Sources
Related
- Sources: Nvidia is in talks to invest hundreds of millions of dollars in Firmus, which pulled its IPO earlier this month, citing market volatility (Phoebe Liu/The Information) OCT 20, 2026
- Judge dismisses Sam Altman’s sister’s sexual abuse lawsuit OCT 20, 2026
- Google says it is rolling out Personal Intelligence for Gemini on Android Auto now and to cars with Google built-in in the coming months as an opt-in feature (Abner Li/9to5Google) OCT 20, 2026
- Hugging Face CEO warns that Netflix’s OpenAI hack documentary isn’t accurate OCT 20, 2026
- Pigment, a French startup that makes AI-powered software to help businesses forecast finances, spin up slide decks, and more, raised $250M at a $2.3B valuation (Dina Bass/Bloomberg) OCT 20, 2026