Mistral raises €3B
Mistral raised a Samsung-led €3B Series D at a €21B+ valuation — the largest European tech equity round — to scale compute and frontier AI research.
Mistral announced a €3 billion Series D at a post-money valuation above €21 billion, the largest equity round ever by a European technology company. Samsung Electronics led the round, with co-leads Scaleup Europe Fund (managed by EQT) and PSG Equity; new investors include Advent, BlackRock, and the Grand Duchy of Luxembourg. The company operates across 20 countries, serves 125+ enterprises including Airbus, ASML, and HSBC, and says funds will expand frontier research, compute capacity, and international growth.
- Largest equity fundraising ever completed by a European technology company
- Samsung led; EQT's Scaleup Europe Fund and PSG Equity co-led
- Serves 125+ enterprises including Airbus, ASML, and HSBC
- Funds earmarked for frontier research, compute capacity, and expansion
- Prior Series C was led by ASML; NVIDIA and a16z also participated
- Products
- Mistral
- Organizations
- Mistral AISamsung ElectronicsEQT
From the original article
2 min read at mistral.ai
Mistral today announced that it has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch. Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity.
By kuberwastaken · mistral.ai
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