Browsing: Mistral

This week, we tracked more than 70 tech funding deals worth over €3.9 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe. Cate Lawrence11 September 2026 This week, we tracked more than 70 tech funding deals worth over €3.9 billion and over 5 exits, M&A transactions, rumours, and related news…

10 September 2026, 05:01 NewsBy Maksym Akimov Prague 12° Cloudy Exchange rate EUR 24,25 USD 20,81 Petrol / Diesel43,79 · 47,31 Kč

Mistral AI, a French AI company headquartered in Paris that develops high-performance large language models (LLMs), has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion. 

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Français: Orrick conseille Mistral dans le cadre de sa levée de fonds de série D de 3 milliards d’euros, sur la base d’une valorisation post-money de 21 milliards d’euros

French AI lab Mistral AI on Tuesday said it has raised €3 billion (about $3.58 billion) at a post-money valuation of more than €21 billion (about $24.39 billion), confirming earlier rumors.

French artificial-intelligence company Mistral has raised €3 billion at a valuation of approximately €21 billion, or $24 billion, weeks after signing an agreement to explore the use of its technology in Côte d’Ivoire.

The funding round was co-led by European fund Scaleup Europe and PSG Equity, Bloomberg reports . The deal sees the Parisian startup nearly double its previous valuation of €11.7 billion, set when it raised capital a year ago.