Scaleup Europe Fund

Activity from announced rounds

Activity in this selectionFrance · Oct 22, 2026 · Jul 25, 2026

Scaleup Europe Fund is the EQT-managed fund explicitly named in EUCLYD, Tandem and Mistral announcements.

Recorded funding activity

EUCLYD develops processors and memory for inference. Tandem automates clinical documentation, while Mistral supplies models and computing infrastructure. This named fund remains separate from EQT Ventures, EIC Fund and earlier manager-level activity.

Sources
Rounds participated in
2
Confirmed lead rounds
2
All roles disclosed
New companies
2
First participation on record · 0 follow-on
Funding in participating rounds
$3.7B
2 disclosed · full round size, not this investor’s share

By stage

Series C+2

By primary sector

AI1
Enterprise software1

By country

France2

Rounds

2 in this selection
Pigment

Pigment provides business planning and performance-management software.

$250MSeries E
Lead
Mistral AI

Mistral AI develops AI models and computing infrastructure for enterprise and public-sector use.

€3BSeries D
Lead