---
title: "Nvidia-Backed Pigment Nabs $250 Million to Challenge Microsoft"
type: signal
url: https://frontiernewswire.com/s/nvidia-backed-pigment-nabs-250-million-to-challenge-microsoft-d7ae4c57
published: 2026-10-20T20:00:01.000Z
byline: "Source: Bloomberg Tech"
---

# Nvidia-Backed Pigment Nabs $250 Million to Challenge Microsoft

Source: Bloomberg Tech · Published 2026-10-20 · Canonical: https://frontiernewswire.com/s/nvidia-backed-pigment-nabs-250-million-to-challenge-microsoft-d7ae4c57

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

- [Read the original at Bloomberg Tech](https://www.bloomberg.com/news/articles/2026-10-20/nvidia-backed-pigment-nabs-250-million-to-challenge-microsoft)

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