Mistral AI raises record €3 billion Series D led by Samsung in Europe's largest tech round
The funding round values the French artificial intelligence champion at over €21 billion, cementing its role as a sovereign open-weight competitor.
- French AI startup Mistral AI raised €3 billion ($3.5 billion) in a Series D funding round co-led by Samsung Electronics and PSG Equity.
- The investment values Mistral at more than €21 billion, nearly doubling its valuation from September 2025.
- The capital will be used to double compute capacity over five years and accelerate its expansion into Southeast Asia.