EQT
European private-markets firm; manages the Scaleup Europe Fund that co-led Mistral's Series D.
Investing activity
EQT appears in 4 AI deals tracked by the AI Lounge deals desk, rounds totalling $3.88B, and led 3 of them. The rounds are mostly Growth, Series B and Series D, with a median round size of $250M and the largest at $3.58B. The most recent are Pigment (Series round, $250M, Oct 2026), Flow Engineering (Series B, $50M, Oct 2026) and Mistral AI (Series D, $3.58B, Sep 2026).
EQT most often invests alongside Nvidia, Iconiq Capital, IVP and Meritech Capital, and the companies it backs on AI Lounge are mostly in AI planning and forecasting software, AI for hardware engineering and Frontier models.
Deals
Frequently asked questions about EQT
What AI companies has EQT invested in?
EQT's AI investments include Pigment, Flow Engineering, Mistral AI and Copia Power. The 4 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is EQT based?
EQT is based in Stockholm, Sweden.
What stage does EQT invest at?
In the rounds tracked on AI Lounge, EQT has invested at Growth, Series B, Series D and Other, with a median round of $250M. EQT led 3 of those rounds.
Who does EQT co-invest with?
EQT's most frequent co-investors on AI Lounge are Nvidia (2 deals), Iconiq Capital (1 deal), IVP (1 deal), Meritech Capital (1 deal) and WiL (World Innovation Lab) (1 deal).
How can founders reach EQT?
Founders on AI Lounge can see EQT's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add EQT to their Investor Pipeline to track the conversation.