Samsung Electronics Co LtdSamsung Electronics led the round and joined as a first-time investor in Mistral.
French artificial intelligence company Mistral has raised 3 billion in fresh equity financing, valuing the startup at about 21 billion ($24 billion) in what it said was the largest private technology funding round in Europe. The financing was led by PSG Equity, Samsung Electronics, and the EU-backed Scaleup Europe Fund, with Samsung and the fund joining as first-time investors. New participants included BlackRock, Advent, and Luxembourg's government, alongside returning investors such as ASML, NVIDIA, and Salesforce. The capital will support Mistral's AI model development and frontier research as it competes with larger U.S. firms. Mistral operates in 20 countries and serves over 125 enterprises, including Airbus, ASML, and HSBC, though its valuation remains below U.S. leaders like Anthropic and OpenAI.
Samsung Electronics Co LtdSamsung Electronics led the round and joined as a first-time investor in Mistral.
Salesforce.com IncSalesforce is a returning investor in Mistral's $3B funding round.
NVIDIA CorporationNVIDIA is a returning investor in Mistral's $3B equity financing.
BlackRock IncBlackRock is a new participant in Mistral's $3B equity round, deploying capital into the AI startup.
ASML Holding N.V.ASML is a returning investor in Mistral's $3B funding round.
Airbus Group SE
HSBC Holdings PLC
Samsung Electronics Co Ltd