French AI firm Mistral completes €3 billion Series D round, valuation exceeds €21 billion

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The French AI firm Mistral has secured a €3 billion Series D round, pushing its valuation beyond €21 billion. The round was led by Samsung Electronics, Scaleup Europe Fund, and PSG Equity. The funds will be used to expand computing power, develop models, and enhance AI infrastructure. Mistral specializes in "sovereign AI," providing open-weight models for on-premise deployment. The company now serves over 125 enterprise clients worldwide. AI and crypto news continues to highlight significant funding activity, with on-chain data reflecting growing interest in AI infrastructure and deployment. Mistral’s valuation has nearly doubled in under a year.
ME AI News, Dongcha Beating AI Bulletin: French AI company Mistral has completed a €3 billion Series D funding round, post-money valuation exceeding €21 billion—marking the largest equity financing to date for a European tech company. Samsung Electronics, Scaleup Europe Fund, and PSG Equity jointly led the round. The funds will primarily be directed toward expanding computing power and advancing cutting-edge model development. Mistral also plans to scale its AI infrastructure. It specializes in “sovereign AI,” enabling enterprises to download open-weight models, run and customize them on their own servers, and keep data entirely internal. When Mistral completed its Series C round in September last year, its post-money valuation was €11.7 billion. Less than a year later, it has surpassed €21 billion—a nearly 80% increase. Currently, Mistral reports its services reach 20 countries and serve over 125 global enterprise clients. (Source: BlockBeats)
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