Mistral announced a €3 billion Series D funding round that values the company at more than €21 billion, marking the largest equity raise by a European technology firm. Samsung Electronics led the round, with co‑leads Scaleup Europe Fund and existing investor PSG Equity, and a broad syndicate of strategic and financial investors including ASML, NVIDIA, Salesforce Ventures, BlackRock and others. The capital will be used to expand Mistral’s frontier research, increase compute capacity for training powerful models, and accelerate its commercial growth and international footprint, which now spans 20 countries and serves over 125 global enterprises such as Airbus, ASML and HSBC. Mistral positions itself as the only AI company building a full‑stack, open‑weight solution that keeps data, models, compute and production systems under customer control, addressing the growing need for sovereign AI that balances performance with control, choice and independence. The investment reflects confidence in Mistral’s approach to enable organizations to deploy state‑of‑the‑art AI within complex real‑world environments while maintaining control over their data, infrastructure and knowledge.
Mistral raises €3B to make sovereign, open-weight AI the technology frontier
Mistral has raised €3 billion in a Series D round, valuing the company at over €21 billion, the largest equity raise by a European tech firm. Samsung Electronics led the funding, joined by Scaleup Europe Fund, PSG Equity and a broad syndicate of strategic and financial investors. The capital will expand Mistral’s frontier research, compute capacity and global footprint, supporting more than 125 enterprises across 20 countries. Mistral positions itself as the only AI company building a full‑stack, open‑weight solution that keeps data, models, compute and production systems under customer control.
Why it matters
The funding underscores growing demand for AI solutions that combine high performance with control and independence, a key concern for enterprises and governments. It signals confidence in Mistral’s full‑stack approach and may accelerate adoption of sovereign AI infrastructures.