Mistral AI closes €1.7 billion Series C at €11.7 billion valuation

Corporate Action Impact 4
โดย TechCrunch·Read original
Summary · why it matters

Mistral AI has closed a €1.7 billion Series C funding round led by Dutch semiconductor company ASML, valuing the French AI startup at €11.7 billion, or approximately $13.8 billion. ASML invested €1.3 billion as part of a new strategic partnership to explore AI models across its product portfolio and operations. The round also drew participation from existing backers including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, and NVIDIA. Mistral AI, founded in 2023 by former researchers from Google DeepMind and Meta, develops the Le Chat chatbot and a suite of foundational models, and has raised around €1 billion in prior funding rounds. The company has stated it is not for sale and that an IPO is the plan.

Impact on stocks 6

Artificial Intelligence▲ · 3 stocks
Semiconductors▲ · 1 stocks
ASML Holding N.V.
ASML
▲ PositiveCapitalTechnologyrelevance

ASML led the €1.7B Series C round with a €1.3B investment, forming a strategic partnership to explore AI models, which is a positive capital deployment and partnership signal.

Real Estate▲ · 1 stocks
Cloud & Digital Infrastructure▲ · 1 stocks

Theme Impact 4

Off-coverage companies 6

Mistral AIPrivate▲ Positive
Capitalrelevance

Mistral AI closed a €1.7B Series C at a €11.7B valuation, a major fundraising success that strengthens its financial position.

Andreessen HorowitzPrivate± Mixed
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BpifrancePrivate± Mixed
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DST GlobalPrivate± Mixed
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General CatalystPrivate± Mixed
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Index VenturesPrivate± Mixed
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