AI Summary
Pigment, a French AI startup, has raised $250 million to enhance its offerings against Microsoft’s Excel and PowerPoint. This funding round values the company at $2.3 billion and includes investments from notable firms such as Nvidia and the Scaleup Europe Fund.
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- Pigment is a French AI company that competes with Microsoft products like Excel and PowerPoint.
- The company has raised $250 million in a funding round, which is set to be announced on Tuesday.
- This funding round values Pigment at $2.3 billion.
- The Scaleup Europe Fund led the funding round, with participation from Nvidia Corp., World Innovation Lab, and existing investors including Iconiq, IVP, and Meritech Capital.
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