Sheryl Sandberg’s Fund Backs Pigment, a Microsoft Excel Rival, in $145 Million Round
- French software startup said to be valued above $1 billion
- Funding round comes as VC financing remains sluggish globally
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French software startup Pigment SAS is said to be the country’s newest unicorn after raising $145 million in venture capital, 10 months after its last financing.
The round mostly comprised Pigment’s existing investors, co-Chief Executive Officer Eléonore Crespo said in an interview. The only new entrant was Sandberg Bernthal Venture Partners, the fund from former Meta executive Sheryl Sandberg and her husband Tom Bernthal.