Mistral raises €3B to make sovereign, open-weight AI the technology frontier

Mistral secured €3 billion in a Series D round, valuing the company at over €21 billion, with Samsung Electronics as lead investor and participation from EQT’s Scaleup Europe Fund, PSG Equity and numerous existing backers. The funding will expand its full-stack, open-weight AI infrastructure, enabling sovereign AI deployment for 125+ enterprises—including Airbus, ASML and HSBC—while keeping data, models, compute and production systems under customer control.