THE CAPITAL BEHIND THE DEAL

Pigment

France · 2026-10-21 · Growth

US$250MAnnounced transaction total, not an investor contribution

Paris, FranceCompany location

6 mappedSource-linked participants; coverage may be partial

Lead / transaction context: Scaleup Europe Fund (managed by EQT)
Recorded investor context: New participants are Scaleup Europe Fund (lead, managed by EQT) and WIL (World Innovation Lab). Returning investors are Greenoaks, ICONIQ, IVP and Meritech. These are six named participants. The announcement describes NVIDIA's investment as planned; it is not counted among these recorded participants. No individual investor contribution is disclosed. The fund's first-close backing is separate from the amount invested in Pigment.
Public participation: Recorded · Equity

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Source-linked participants

Scaleup Europe Fund (managed by EQT)

Stockholm, Sweden → Pigment

Recorded participation

Participation source ↗ · Investor location source ↗

WIL (World Innovation Lab)

Palo Alto, United States → Pigment

Recorded participation

Participation source ↗ · Investor location source ↗

IVP

Menlo Park, United States → Pigment

Recorded participation

Participation source ↗ · Investor location source ↗

Greenoaks

San Francisco, United States → Pigment

Recorded participation

Participation source ↗ · Investor location source ↗

ICONIQ

San Francisco, United States → Pigment

Recorded participation

Participation source ↗ · Investor location source ↗

Meritech Capital Partners

Palo Alto, United States → Pigment

Recorded participation

Participation source ↗ · Investor location source ↗

Sources and limits

Open announcement source ↗ · Company location source ↗

Lines show source-supported participation between approximate city-centre locations. An investor point may represent a disclosed office or a fund manager, not the fund domicile or payment origin. Individual contributions are disclosed only where separately sourced; the round total is never divided between investors. The mapped participants may be a subset of the announced syndicate. Source checked 2026-10-23T15:06:37.958Z.

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Greenoaks → · ICONIQ → · IVP → · Meritech Capital Partners → · Scaleup Europe Fund (managed by EQT) → · WIL (World Innovation Lab) →