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French AI company Mistral hits $24 billion valuation in funding round

PARIS, ⁠Sept 8 (Reuters) - France's Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in ⁠what the three-year-old AI company said on Tuesday was the biggest equity funding round ‌by a privately owned European technology firm.

The Star MalaysiaInti Landauro, Elizabeth Howcroft查看原文 ↗
法国人工智能公司 Mistral 在融资轮中估值达到 240 亿美元

An advertisement for Mistral AI, the French artificial intelligence company, is displayed inside the Grand Central subway station in New York City, U.S., May 21, 2026. REUTERS/Shannon Stapleton

PARIS, ⁠Sept 8 (Reuters) - France's Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in ⁠what the three-year-old AI company said on Tuesday was the biggest equity funding round ‌by a privately owned European technology firm.

Mistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backedScaleup Europe Fund, which both invested in it for the first time.

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