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Series C

EquityVerified
Raised
$2B
Post-money valuation
$14B
Date
Sep 2025
Lead Investor
ASML
Notes

Raised €1.7B (~$2B USD). Led by ASML (invested €1.3B, ~$1.5B, for ~11% stake). Other investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, Nvidia. Post-money valuation €11.7B (~$13.8B). Largest-ever VC round by a European AI company per Crunchbase. ASML CFO Roger Dassen joined Mistral's strategic committee board.

Other Rounds by Mistral AI

4
RoundRaisedValuationLead InvestorDate
Series B(equity)$640M$6.2BGeneral CatalystJun 2024
Series A Extension(convertible_note)$16M$2.1BMicrosoftFeb 2024
Series A(equity)$415M$2.1BAndreessen HorowitzDec 2023
Seed(equity)$113M$260MLightspeed Venture PartnersJun 2023