Mistral raises €3 billion to expand its AI stack
Mistral announced a €3 billion Series D at a post-money valuation above €21 billion. Samsung Electronics led the financing, joined by co-leads Scaleup Europe Fund and PSG Equity. The company says the capital will expand compute capacity, infrastructure and commercial operations as it develops its open-weight AI offering.
The essentials
- The financing was announced on September 8 and is included as recent company background.
- Mistral says it operates in twenty countries and serves more than 125 enterprise customers.
Original sources
Mistral AIRead at mistral.aiMoat Wire summarized this report for readers. The full article, its data and quotations belong to Mistral AI.