On September 8, French artificial intelligence company Mistral announced the completion of Series D financing of 3 billion euros, with a post-investment valuation of more than 21 billion euros. This is the largest equity financing for European technology companies to date. Samsung Electronics led the current round of financing, and EQT's ScaleUp Europe Fund and existing investor PSG Equity co-led the investment. Mistral said the new funds will be used to expand investment in computing power and infrastructure, strengthen cutting-edge AI model research and development, and promote commercialization and international expansion.
Zhitongcaijing · 3d ago
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On September 8, French artificial intelligence company Mistral announced the completion of Series D financing of 3 billion euros, with a post-investment valuation of more than 21 billion euros. This is the largest equity financing for European technology companies to date. Samsung Electronics led the current round of financing, and EQT's ScaleUp Europe Fund and existing investor PSG Equity co-led the investment. Mistral said the new funds will be used to expand investment in computing power and infrastructure, strengthen cutting-edge AI model research and development, and promote commercialization and international expansion.
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