Pimento Raises €3 Million in Seed Round
Pimento, a Paris, France-based startup using generative AI to amplify creativity, has raised €3 million in seed funding.
The funding round was led by Partech and Cygni Capital, along with participation from various business angels, including Julien Chaumond (Hugging Face), Stanislas Polu (Dust), Thibaud Elzière (Hexa), Jean-Charles Samuelian (Alan), Igor Manceau (creative director, ex-Ubisoft), Jonathan Widawski (Maze), Alessandro Sabatelli (ex-Apple) and Nicolas Steegmann (ex-Stupeflix).
Partech is a global tech investment firm global investment platform for tech and digital companies Headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco, the firm invests in seed, venture, and growth stages.
Cygni Capital is a venture capital firm that seeks to make investments in the artificial intelligence, cryptocurrency, and blockchain sectors. It was founded in 2020 and is based in San Francisco, California.
The company plans to use the funds to improve its interface and develop models tailored to the creative process.
Founded in October 2022 by Florent Facq and Tomás Yany, Pimento is a developer of an artificial intelligence-based creativity platform intended to enhance and speed up human creativity. The company’s AI-powered platform aids in the generation of creative content, including images and text, based on user-provided references. It primarily serves creative agencies, brand and marketing teams, and freelance designers.
Funding Details
Company: Pimento SAS
Raised: €3.0M
Round: Seed Round
Funding Month: December 2023
Lead Investors: Partech and Cygni Capital
Additional Investors: Julien Chaumond, Stanislas Polu, Thibaud Elzière, Jean-Charles Samuelian, Igor Manceau, Jonathan Widawski, Alessandro Sabatelli, and Nicolas Steegmann
Company Website: https://www.pimento.design/
Software Category: Creativity