Round · Equity Round · Closed

Mistral AI Series C

Mistral AI raised €1.7 billion in a Series C round led by ASML, at an €11.7 billion post-money valuation.

Announced Sep 9, 2025Reviewed Oct 21, 2026Event ID evt_mistral_series_c_2025

Amounts

Each number with its type, status and the sentence it comes from

Amount	Value	Status	Source
Series C equityEquity raised · to Mistral AI “Mistral raises 1.7B€ to accelerate technological progress with AI”	€1.7B	Closed	Mistral AI ↗
Post-money valuationPost-money valuation “We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation.”	€11.7B	Announced	Mistral AI ↗

Amounts per investor are shown only when a source states them

Organization	Role	Type	Note
Mistral AI	Issuer	AI lab	—
ASML	Lead, Partner	Chips	Named as ASML Holding NV
Andreessen Horowitz	Investor	Venture capital	—
Lightspeed Venture Partners	Investor	Venture capital	Named as Lightspeed
NVIDIA	Investor	Chips	—

Lead investor: ASML, a semiconductor equipment maker, led the round. Mistral AI ↗
“The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML).”
Strategic partnership: ASML also entered a strategic partnership with Mistral AI. Mistral AI ↗
“ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round.”
Other named investors: Existing investors DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA took part. Mistral AI ↗
“It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.”

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