EQT Ventures & Growth

We partner with founders building Generation-Defining Companies

[Harvey @harvey]

Agreements make history.

[Gabe Pereyra @gabepereyra]

We’ve raised $550M at a $15.5B valuation, led by @DiffusionVC and @LightSpeedVP.

We’ve crossed $400M in ARR and serve 3,000 customers, including 80% of the top 100 law firms, 20% of the Fortune 500, and half of the Fortune 10.

We are investing the capital from this round into our two most important resources: people and compute.

Our product is expanding into new verticals and more specialized solutions for areas like contracting, litigation, deals, and compliance.

As usage grows, we’re investing heavily in inference and model training to deliver frontier legal intelligence at the best possible price.

Building on Tenet, our first model post-trained on open-weight models, this round will let us scale the compute and data behind future generations of our models.

We believe the most successful application-layer companies will become full-stack AI companies, building across applications, agents, and models.

Becoming a full-stack AI company will help our customers own more of their intelligence and build their vision of a frontier legal organization.

We’re also grateful to @Sequoia, @KleinerPerkins , @A16Z , @CoatueMgmt, @Conviction, @EladGil, Evantic, GIC, @GoldmanSachs, Sapphire Ventures and Whale Rock for participating in the round and backing that vision.

[Mistral AI @MistralAI]

Led by @Samsung, co-led by @eqt's Scaleup Europe Fund and @PSG_equity, with continued backing from @ASMLcompany, @nvidia, @BNPParibas CIB and others.

This fuels our infrastructure and product capabilities, and deployment at scale. But most importantly, it allows us to continue and expand our frontier research and model development.

[Mistral AI @MistralAI]

Today marks a major step for Mistral: we’re announcing a €3B Series D, the largest equity round ever raised by a European tech company, just three years after launch.

[Heart Aerospace @heartaerospace]

@elonmusk gets it!

[Harvey @harvey]

TIME has featured our CEO @winstonweinberg in this year's TIME100 AI: https://t.co/f9ku44t9J9

[Harvey @harvey]

Introducing Harvey II: smarter agents from the start.

- Featuring Harvey Tenet, our first model trained for legal work
- Built around matters and projects
- Agents start with the files, context, permissions, and history they need
- Assign tasks to lawyers or agents, then track and review the work
- Harvey remembers how you work and writes like you

[EQT Ventures & Growth @eqtventures]

This is what scaling from Europe can look like.

Congratulations to Anton, Fabian and the entire Lovable team. 🚀

[EQT Ventures & Growth @eqtventures]

From Stockholm to the world. 🌍

The Scaleup Europe Fund, managed by EQT, is co-leading @Lovable 's $400 million Series C alongside @MenloVentures, at a $13.3 billion valuation.

[EQT Ventures & Growth @eqtventures]

They prove that Europe has no shortage of exceptional founders. We're excited to co-lead this investment in Lovable through the Scaleup Europe Fund, which reflects exactly why the Fund was established: to help Europe's most ambitious technology companies become global leaders.”

[Payload 🚀 @payloadspace]

Europe’s late-stage capital drought may be coming to an end.

Scaleup Europe, a new €5B fund created by the European Commission, completed its first investment—co-leading ICEYE’s €450M Series F, announced in June. The investment signifies a new era for Europe, one in which the region is better equipped with the capital necessary to fund its own growth-stage ventures.

[Ursula von der Leyen @vonderleyen]

When Europe invests in its innovators, Europe invests in its future.

This is the goal of our Scaleup Europe Fund.

From today, it will ensure our scale-ups can find what they need right here in Europe to grow into world-leading companies.

To turn European innovation into our competitive edge.

https://t.co/aA5RoS9HHG

[EQT Ventures & Growth @eqtventures]

@etnshow Great news! Yay!