Legora, Pigment, Elax Énergie — $800M for professional AI and €30M for energy flexibility — Daily News October 21, 2026
About this episode
Legora raises $550 million at an $8.8 billion valuation, Pigment closes a $250 million Series E, and Elax Énergie secures €30 million to turn thermal demand into grid flexibility.
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Main news
Startups mentioned
Legora
Legora, founded in 2023 in Stockholm as Leya, builds AI and agents for legal professionals. On 30/04/2026 its valuation was $5.6 billion post-money.
Pigment
Pigment is a SaaS platform founded in 2019 in Paris that facilitates financial planning and corporate budget management. It offers advanced visualization tools for financial analysis, simulations and AI-powered "what-if" scenarios. It is used by startups and tech companies and has raised over $200M from investors such as Bessemer and Index. Pigment helps finance teams make strategic, real-time data-driven decisions.
Elax Énergie
A Paris climate-tech company fitting a connected thermostat to existing electric water heaters to cut waste and shift demand to the hours most favourable to the grid.