Mistral raises €3 billion — the largest round in the history of European tech companies
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
Europe gets its own heavyweight in the SI race: countries and companies gain a real alternative to American models, which means frontier SI becomes more accessible and more diverse.
The Series D round, at a valuation of more than €21 billion, was led by Samsung Electronics, with co-investors the Scaleup Europe fund managed by EQT and PSG Equity; funds of BlackRock, Luxembourg, ASML, Nvidia and a16z also took part. The money will go to compute and infrastructure in Europe, frontier research and international expansion. Mistral is betting on "sovereign SI" — open models and private infrastructure that customers fully control themselves.
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