Mistral Raises €3 Billion in Series D to Reach €21 Billion Valuation

A French artificial‑intelligence laboratory has secured €3 billion in a Series D financing that values the company at €21 billion. The round was led by Samsung, Scaleup Europe and PSG Equity, with the three investors collectively contributing the bulk of the capital. The funding follows the lab’s recent growth in AI research and commercial deployment, positioning it among the most valuable AI startups in Europe.

The €21 billion valuation places the lab in the upper echelon of European tech firms, surpassing many of its peers in the region. Samsung’s participation underscores its strategy to deepen its stake in AI infrastructure, while Scaleup Europe and PSG Equity bring expertise in scaling high‑growth technology ventures. The capital infusion is expected to accelerate the lab’s product development, expand its talent pool, and broaden its commercial partnerships across industries such as automotive, finance, and healthcare.

With the new funding, the lab aims to strengthen its research capabilities and accelerate the commercialization of its AI solutions. The investment signals continued confidence from global investors in Europe’s AI ecosystem and highlights the growing importance of advanced machine‑learning platforms in the global technology landscape.