As of 7 Nov 2026, Mistral AI has raised $6.56B across 4 verified rounds on record (amounts in other currencies converted to USD), plus 1 round still being checked; latest: €3 billion Series D led by Scaleup Europe Fund, PSG Equity and 1 other, announced 8 Sep 2026.
Mistral builds open-weight frontier AI models, developer tools, assistants, and sovereign AI infrastructure for enterprises and governments.
mistral.aiLinkedInFranceAIFounded 2023
29 sources
The source states the round was co-led by PSG Equity and the Scaleup Europe Fund, with Samsung Electronics leading. Nvidia is mentioned as an investor but not as part of this round's named syndicate.; not on the page it cites, so not applied: date
2 sources
ASML separately invested €1.3 billion; the round amount is €1.7 billion. The source identifies DST Global, Andreessen Horowitz, BPI France, General Catalyst, Index Ventures, Lightspeed and Nvidia as existing investors participating alongside ASML.
Hand check: the financing total repeated this round's amount and no source calls it cumulative; total cleared
Valuation €11.7 billion read as €11.7 billion post-money (mistral.ai): "We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation.": the company's own announcement states the post-money valuation
Published by hand (mistral.ai): "We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation.": the company's own announcement, led by ASML
2 sources
The source is a June 12 republisher, so the announcement is dated only to June, not June 12. Lightspeed, Nvidia, and Samsung are described only as backers, not this-round investors.
Valuation US$6 billion read as 5.8 billion euros (reuters.com): "The Series-B funding round valued the one-year-old company at 5.8 billion euros, according to two sources directly involved with the deal.": reported by Reuters from two sources involved in the deal; the company did not state it
Published by hand (reuters.com): "France's Mistral AI has raised 600 million euros ($643.7 million) in a funding round led by existing investor General Catalyst, it said on Tuesday": the company confirmed the round to Reuters; the lead's own post states the €600M Series B
Investors read as leads [General Catalyst], participants [Andreessen Horowitz, BNP Paribas, Belfius, Bertelsmann Investment, Bpifrance, Cisco, Eurazeo, Hanwha Asset Management, Headline, IBM, Korelya Capital, Latitude, Lightspeed, Millennium New Horizons, Nvidia, SV Angel, Salesforce Ventures, Samsung Venture Investment, Sanabil Investments, ServiceNow] (techcrunch.com): launch QA top-100 pass: TechCrunch names General Catalyst as the Series B lead and 20 participating investors; the row held only the lead
6 sources
The source gives both €385 million and its exchange-rate equivalent of $415 million; €385 million is used as the raised amount. It describes the valuation as roughly $2 billion.
Investors read as leads [Andreessen Horowitz, Lightspeed], participants [BNP Paribas, Bpifrance, CMA-CGM, Conviction Partners, Elad Gil, Eric Schmidt, General Catalyst, Salesforce Ventures] (techcrunch.com): Andreessen Horowitz and Lightspeed co-led the Series A
Hand check: the Series A valued Mistral at roughly $2 billion; $6 billion is the June 2024 round's
Published by hand (techcrunch.com): "The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion.": Mistral announced the round on December 11, 2023; Andreessen Horowitz's post announces its Series A investment
2 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
Valuation €240 million ($260 million) read as $260 million (techcrunch.com)
The sources express the same round as €105 million and $113 million; TechCrunch’s headline and lead use $113 million, while its article gives €105 million as the funding amount.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series D | $3.5B €3 billion at more than €21 billion post-money valuation | 2026-09-08 | Scaleup Europe Fund, PSG Equity, Samsung Electronics | No recent discussion |
29 sources [ VERIFIED · CORRECTED ] read against 1 of 29 sources
The source states the round was co-led by PSG Equity and the Scaleup Europe Fund, with Samsung Electronics leading. Nvidia is mentioned as an investor but not as part of this round's named syndicate.; not on the page it cites, so not applied: date | ||||
Mistral builds open-weight frontier AI models, developer tools, assistants and full-stack AI systems for enterprises and governments.
Checked against 10 sources on Sep 24
| Series C [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $2.0B €1.7 billion at €11.7 billion post-money valuation | 2025-09-09 | ASML | No recent discussion |
2 sources [ VERIFIED ] read against 1 of 2 sources
ASML separately invested €1.3 billion; the round amount is €1.7 billion. The source identifies DST Global, Andreessen Horowitz, BPI France, General Catalyst, Index Ventures, Lightspeed and Nvidia as existing investors participating alongside ASML. Hand check: the financing total repeated this round's amount and no source calls it cumulative; total cleared Valuation €11.7 billion read as €11.7 billion post-money (mistral.ai): "We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation.": the company's own announcement states the post-money valuation Published by hand (mistral.ai): "We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation.": the company's own announcement, led by ASML [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: mistral.ai, orrick.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Series B series B funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $651.1M 600 million euros (US$640 million) at 5.8 billion euros valuation | 2024-06-11 | General Catalyst | No recent discussion |
2 sources [ VERIFIED · CORRECTED ] read against 1 of 2 sources
The source is a June 12 republisher, so the announcement is dated only to June, not June 12. Lightspeed, Nvidia, and Samsung are described only as backers, not this-round investors. Valuation US$6 billion read as 5.8 billion euros (reuters.com): "The Series-B funding round valued the one-year-old company at 5.8 billion euros, according to two sources directly involved with the deal.": reported by Reuters from two sources involved in the deal; the company did not state it Published by hand (reuters.com): "France's Mistral AI has raised 600 million euros ($643.7 million) in a funding round led by existing investor General Catalyst, it said on Tuesday": the company confirmed the round to Reuters; the lead's own post states the €600M Series B Investors read as leads [General Catalyst], participants [Andreessen Horowitz, BNP Paribas, Belfius, Bertelsmann Investment, Bpifrance, Cisco, Eurazeo, Hanwha Asset Management, Headline, IBM, Korelya Capital, Latitude, Lightspeed, Millennium New Horizons, Nvidia, SV Angel, Salesforce Ventures, Samsung Venture Investment, Sanabil Investments, ServiceNow] (techcrunch.com): launch QA top-100 pass: TechCrunch names General Catalyst as the Series B lead and 20 participating investors; the row held only the lead [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: reuters.com, techinasia.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $414.1M €385 million at roughly $2 billion valuation | 2023-12-11 | Andreessen Horowitz, Lightspeed | No recent discussion |
6 sources [ VERIFIED · CORRECTED ] read against 1 of 6 sources
The source gives both €385 million and its exchange-rate equivalent of $415 million; €385 million is used as the raised amount. It describes the valuation as roughly $2 billion. Investors read as leads [Andreessen Horowitz, Lightspeed], participants [BNP Paribas, Bpifrance, CMA-CGM, Conviction Partners, Elad Gil, Eric Schmidt, General Catalyst, Salesforce Ventures] (techcrunch.com): Andreessen Horowitz and Lightspeed co-led the Series A Hand check: the Series A valued Mistral at roughly $2 billion; $6 billion is the June 2024 round's Published by hand (techcrunch.com): "The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion.": Mistral announced the round on December 11, 2023; Andreessen Horowitz's post announces its Series A investment [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]6 pages read: techcrunch.com, a16z.com, lsvp.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 of 6 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Seed [ REPORTED LATER ]: This round was announced before Fireround first saw it. It stays in the company's history, not in Latest, Trending, or alerts. | $113M €105M ($113M at today’s rates) financing total | 2023-06-13 | Lightspeed | No recent discussion |
2 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 2 sources
Valuation €240 million ($260 million) read as $260 million (techcrunch.com) The sources express the same round as €105 million and $113 million; TechCrunch’s headline and lead use $113 million, while its article gives €105 million as the funding amount. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: techcrunch.com, fpaupier.fr·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Also named as backers in company research: New Wave, Grand Duchy of Luxembourg