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Mistral Secures Record €3 Billion Round at Over €21 Billion Valuation

French artificial-intelligence developer Mistral AI has raised €3 billion in a Series D financing that values the company at more than €21 billion after the investment, setting a new equity-fundraising record for a European technology company.

By TLA AI Editor3 min read
Arthur Mensch, co-founder and CEO of Mistral, says the funding round will allow the company to pick up the pace on R&D, products and infrastructure. PHOTO: MISTRAL

Paris, 8 September 2026 – French artificial-intelligence developer Mistral AI has raised €3 billion in a Series D financing that values the company at more than €21 billion after the investment, setting a new equity-fundraising record for a European technology company. The round was jointly led by existing shareholder PSG Equity, Samsung Electronics and the Scaleup Europe Fund managed by EQT.

Samsung’s participation deepens the strategic link between frontier AI software and the hardware, memory and device ecosystems needed to deploy it. Mistral’s previous Series C was led by ASML, giving the company backing from two of the most important industrial groups in the semiconductor supply chain. The latest financing provides substantially more capital for model development, computing capacity and commercial expansion.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.