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“Pigment’s Unprecedented Success: Record-Breaking $145M Funding for Innovative Business Planning Startup in France’s Tech Industry”

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Paris-based startup Pigment has raised a $145 million funding round just five years after its inception. This funding round comes as a bit of a surprise as large rounds have been few and far between in France. Before Pigment, Crespo worked for VC firm Index Ventures and Google. We’ve developed a lot of modules that enable us to serve HR teams, supply chain teams and sales teams,” Crespo said. Like many software companies, Pigment has also added AI features.

“Exploring Creative Techniques for VCs to Return Investor Funds in Times of Limited Liquidity”

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Today on The Exchange, we’re digging into continuation funds, counting down through some of our favorite historical Exchange entries, and discussing what we’re excited to report on for the rest of the year! It is also a very topical one: “The greatest source of liquidity now is going to be continuation funds,” VC Roger Ehrenberg predicted in a recent episode of the 20VC podcast. If you have been following the last few months of venture capital activity, the “why now?” is easy to answer. “It’s a viable strategy for a decent swath of the venture industry,” Ehrenberg told 20VC host Harry Stebbings. We went from tallying monster rounds and a blizzard of IPOs to watching venture capital dry up and startup exits become rarer than gold.

Kiln Rakes In $17M During Uncommon Crypto Fundraising Efforts for Revolutionary Staking Tech Provider

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According to PitchBook data, VC investments in crypto companies are down by 68% in 2023 compared to 2022. But that’s a small number compared to 2022, the year during which crypto companies raised $30 billion. French crypto startup Kiln just closed a $17 million funding round in December 2023. As a reminder, staking consists in locking crypto assets in a blockchain to secure a blockchain and its transactions. Several proof-of-stake blockchains let its users stake crypto assets, such as Polygon, Solana and Avalanche.