Mistral raises €3 billion and puts Europe back on the AI map
Mistral has raised 3 billion euros in a Series D funding round, bringing its post-investment valuation to over 21 billion euros. The Paris-based start-up describes this round as “the largest equity fundraising ever carried out by a European technology company ”. Whilst this is indeed a local record, it falls far short of the usual standards for US companies… OpenAI has raised over 120 billion, with a valuation… approaching 900 billion dollars. Anthropic raised over 60 billion to launch and is approaching a valuation of one thousand billion. China’s DeepSeek raised over 7 billion dollars in a single round. Europe and Mistral are playing in the third division. Samsung Electronics led the funding round. The round also includes the Scaleup Europe Fund, managed by EQT and backed by a €1…