Round · Equity Round · Closed
Mistral AI Series D
Mistral AI raised €3 billion in a Series D round led by Samsung Electronics, at a post-money valuation of more than €21 billion.
- Series D equity
- €3B
- Closed · Mistral AI
- Post-money valuation
- more than €21B
- Announced · Mistral AI
- Step-up vs Series C
- >1.79x
- Computed by Tokscale: >€21B ÷ €11.7B
Amounts
Each number with its type, status and the sentence it comes from
| Amount | Value | Status | Source |
|---|---|---|---|
Series D equityEquity raised · to Mistral AI“Mistral today announced that it has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch.” | €3B | Closed | Mistral AI ↗ |
Post-money valuationPost-money valuation“Mistral today announced that it has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch.” | more than €21B | Announced | Mistral AI ↗ |
Participants
Amounts per investor are shown only when a source states them
| Organization | Role | Type | Note |
|---|---|---|---|
| Mistral AI | Issuer | AI lab | — |
| Samsung Electronics | Lead | Chips | — |
| Scaleup Europe Fund | Co-lead | Growth | Managed by EQT |
| PSG Equity | Co-lead | Growth | — |
| Andreessen Horowitz | Investor | Venture capital | Named as a16z |
| Lightspeed Venture Partners | Investor | Venture capital | Named as Lightspeed |
| NVIDIA | Investor | Chips | — |
Key terms
- Lead and co-leads
- Samsung Electronics led the round. Scaleup Europe Fund, managed by EQT, and PSG Equity were co-leads. Mistral AI ↗
“Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity.”
- New investors
- Advent, funds and accounts managed by BlackRock, and the Grand Duchy of Luxembourg joined as new investors. Mistral AI ↗
“Advent, funds and accounts managed by BlackRock as well as the Grand Duchy of Luxembourg joined the round as new investors.”
- Existing investors
- a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst, Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures. Mistral AI ↗
“Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst, Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.”
- Announcement date
- The announcement page shows no date. Mistral's news feed lists it on September 8, 2026. Mistral AI ↗
“Mistral today announced that it has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion. Tue, 08 Sep 2026 12:00:22 GMT”
Context
Previous round: Mistral AI Series C
Sep 9, 2025 · €1.7B at €11.7B post-money
Sep 9, 2025 · Follows the Series C round led by ASML.
Sources
- Mistral AI, “Mistral raises €3B to make sovereign, open-weight AI the technology frontier” · retrieved Oct 21, 2026
- Mistral AI, “Mistral Blog (RSS feed)” · retrieved Oct 21, 2026
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