Naboo, a Paris startup building an AI-powered platform for organising corporate events and offsites, has raised $70 million (around €64 million), according to trendingtopics.eu. The deal, reported on 10 February 2026, ranks among the larger fundraises tied to a Paris technology company so far this year and points to continued investor appetite for software that automates parts of the corporate travel and events market.
For operators and marketing leaders in Paris, the signal is concrete: a home-grown company selling into the events and offsite budget lines that many teams control has just secured a substantial war chest. What the reporting does not yet spell out is who wrote the cheques, at what valuation, and how the money will be split between product and hiring. Those are the questions the Paris market will want answered, and this article flags plainly where the public record stops.
What happened in the Naboo funding round?
The reported figure is $70 million, which converts to roughly €64 million at current rates. That is the single hard number carried by the source, and it is worth stating clearly what sits alongside it and what does not. The reporting describes Naboo as a Paris startup and its product as an AI-powered event platform used to plan and book corporate events, team offsites and related logistics.
Beyond the headline amount, the essential deal terms were not disclosed in the material available. The stage of the round, the lead investor, the full syndicate, the post-money valuation, Naboo's current headcount and its hiring plan are not stated in the source. In funding coverage those details matter as much as the number itself, so rather than estimate them, this piece marks them as not yet public. When a company raises a sum of this size without a named lead in the initial reporting, it usually means fuller terms follow in a formal announcement.
The company's own description of what the capital is for was also not carried in the source beyond the platform's purpose. On the evidence available, the round funds the continued build-out of an AI layer over corporate event planning, a category where automation of venue sourcing, booking and coordination is the core pitch.
Why does this matter for Paris?
A $70 million raise is a meaningful data point for the Paris ecosystem regardless of the missing detail. It lands in a city that has produced a steady run of well-funded software companies over the past year, and it targets a spend category — corporate events, offsites and travel — that touches almost every mid-sized and large employer in the capital.
For marketing and people teams in Paris, an AI-powered event platform competes for budget with agencies, event planners and manual coordination through spreadsheets and email. If Naboo's tooling reduces the time to plan an offsite or a client event, the affected parties are the event agencies and the internal coordinators who currently do that work. That is the local consequence worth watching: a funded platform play against a service-heavy incumbent model.
Naboo's raise also sits within a broader pattern of Paris AI companies pulling in capital. The city has seen rounds ranging from early-stage bets such as the €22 million backing for a Paris startup applying AI to mineral discovery, to one of the largest seed rounds ever recorded for a Paris AI venture. Naboo's cheque is smaller than those outliers but larger than a typical seed, reinforcing that the applied-AI layer — software that automates a specific business workflow — is where much of the money is now going.
How does this compare across Europe?
Set against DMK Tribe's other five cities, Naboo's round is on the larger side for an applied-software company. Barcelona has produced comparable early-stage scale, with a robotics startup banking €73 million in a Series A, while Madrid's AI workforce platform Orbio raised €18.09 million and Milan drew a quantum-software company relocating its headquarters on the back of an €18 million round. Against that field, a $70 million (around €64 million) raise for a Paris events-tech company is competitive, though the lack of disclosed terms makes a precise ranking impossible.
The wider European reading is straightforward: capital is flowing toward software that puts AI to work inside a defined commercial process — logistics, workforce management, supply-chain planning and now corporate events — rather than toward pure research plays. Naboo fits that thesis squarely.
What to watch next is the formal announcement. Until Naboo or its backers confirm the stage, the lead investor, the valuation and the hiring plan, the €64 million ($70 million) figure is the only verified fact in the round. A named lead and a headcount target would tell the Paris market whether this is a growth-stage acceleration or a large early bet — and whether the city's event agencies should treat it as a competitor or a partner.
