Mistral raises €3bn at a valuation above €21bn in Samsung-led round
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Three billion euros.
Mistral raised that amount in a Series D at a post-money valuation above €21bn, the Paris AI company said Tuesday. Samsung Electronics led the round. The Scaleup Europe Fund, managed by EQT, and PSG Equity were co-leads.
The company says the money will fund model research, compute infrastructure, distribution and expansion. Mistral now operates across 20 countries and supports at least 125 global enterprises.
This is financing, not revenue. The announcement does not disclose ownership percentages, sales or profitability. It does put a new price on one of Europe's few independent developers of frontier AI models.
