# Pigment raises $250M Series E led by EQT Ventures

> Pigment, based in France, has raised $250M in a Series E led by EQT Ventures and Scaleup Europe Fund, announced on 21 October 2026. 7 other investors joined.

Source: https://millionrounds.com/news/rounds/pigment-series-e-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$250M** 10 sources reported it

Stage **Series E** 2 earlier rounds on record

Investors **9** 2 named as lead

Where **FR** France

AI

## How big is it?

Against every equity round we recorded in the twelve months to 21 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#211** equity round of the last twelve months

**#22** Series E of 42 in that time

**#5** round in France, of 58

This round **$250M**

Median Series E **$290M**

Below the median Series E of the last twelve months.

## Who invested

- [**EQT Ventures** 20 rounds in the last twelve months *Led*](https://millionrounds.com/fund/eqt-ventures)
- [**Scaleup Europe Fund** 7 rounds in the last twelve months *Led*](https://millionrounds.com/fund/scaleup-europe-fund)

Also in the round

- [IVP](https://millionrounds.com/fund/ivp)
- [Greenoaks](https://millionrounds.com/fund/greenoaks)
- [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital)
- [World Innovation Lab Wil](https://millionrounds.com/fund/wil-world-innovation-lab)
- [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners)
- [World Innovation Labs](https://millionrounds.com/fund/world-innovation-labs)
- [Iconic](https://millionrounds.com/fund/iconic)

## Funding history

- October 2026 Series E **$250M**
- April 2024 Series D **$145M**
- June 2023 Series C **$88M**

$483M raised across the 3 rounds we hold.

## Reported by

- Tech.eu 21 October
- Tech Funding News 21 October
- maddyness.com 21 October
- Maddyness UK 21 October
- PR Newswire 21 October
- siliconrepublic.com 21 October
- The SaaS News 21 October
- unite.ai 21 October
- Wowtale 22 October
- AI Insider 22 October

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**Kalshi** $1.0B Series G](https://millionrounds.com/news/rounds/kalshi-series-g-2026-10)[P **Pathos AI** $237M Series E](https://millionrounds.com/news/rounds/pathos-ai-series-e-2026-10)[W **Warhound** $200M Seed](https://millionrounds.com/news/rounds/warhound-seed-round-2026-10)[W **Warp Sciences** $215M Series A](https://millionrounds.com/news/rounds/warp-sciences-series-a-2026-10)[**Xona** $250M Series D](https://millionrounds.com/news/rounds/xona-series-d-2026-10)[**Tractian** $130M Series D](https://millionrounds.com/news/rounds/tractian-series-d-2026-10)

[The company **Pigment on Millionrounds** *→*](https://millionrounds.com/company/pigment)[Weekly roundup **Week of 19 October** *→*](https://millionrounds.com/news/weekly/2026-10-19)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)