Factorial Raises $150 Million at $2.5 Billion Valuation, Pivots to AI Workforce Platform With East Africa Growth Push

Factorial, a European enterprise technology scale-up with a growing presence in African markets, has closed a $150 million Series D funding round led by General Catalyst, valuing the company at $2.5 billion. The round also included participation from existing investors Atomico and Four Rivers. Alongside the equity investment, General Catalyst will provide an additional $540 million in non-dilutive capital through its Customer Value Fund, bringing Factorial’s total non-dilutive funding to more th