AI Fund Flows

Mistral: AI deals, investors and valuation

🇫🇷 France · Valuation $24B · private
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As of Nov 9, 2026, Mistral has 5 AI deals of $1B+ in this database: it pays $1.4B and receives $5.5B (net +$4.1B). It ranks #28 of 198 companies by number of deals.

Pays / invests
$1.4B
Receives
$5.5B
Net
+$4.1B
Deals
5

Value over time

Listed companies: month-end market cap. Private: latest round valuation. Dots are deals.
Valuation history
  • January 2025$6B
  • April 2025$6B
  • July 2025$6B
  • October 2025$13.8B
  • January 2026$13.8B
  • April 2026$13.8B
  • July 2026$13.8B
  • October 2026$24B
  • November 2026$24B

Receives from

$5.5B
🇰🇷 Samsung$3.5B · 64%
🇳🇱 ASML$2B · 36%

Pays to

$1.4B

Loops it is part of

No closed loop found for this company.

All Mistral deals

Sep 8, 2026Investmentclosed$3.5B
🇰🇷 Samsung → 🇫🇷 Mistral · Series D EUR3B (~$3.5B) @ >EUR21B

€3 billion Series D (about $3.5 billion) at over €21 billion post-money (about $24 billion). Led by Samsung, co-led by Scaleup Europe Fund (EQT) and PSG; a16z, Nvidia, Salesforce Ventures, Advent and BlackRock participate.

Feb 16, 2026Cloud & servicesannounced$1.4B
🇫🇷 Mistral → 🇸🇪 EcoDataCenter · €1.2B (~$1.4B); publication date, announced mid-Feb 2026

Mistral signed a €1.2B deal with EcoDataCenter for an AI data centre in Borlänge, Sweden, with Nvidia Vera Rubin GPUs from 2027 - its first infrastructure outside France.

Sep 9, 2025Investmentclosedn/a
Nvidia → 🇫🇷 Mistral · EUR1.7B Series C led by ASML; Nvidia stake undisclosed

Nvidia takes part in the ASML-led round valuing Mistral at about $14 billion.

Sep 9, 2025Investmentclosed$2B
🇳🇱 ASML → 🇫🇷 Mistral · Series C EUR1.7B (~$2B) @ EUR11.7B; ASML EUR1.3B

Mistral raises EUR1.7 billion at EUR11.7 billion post-money; ASML leads with EUR1.3 billion. DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and Nvidia participate.

Jun 11, 2025Chips & hardwareannouncedn/a
🇫🇷 Mistral → Nvidia · 18,000 Grace Blackwell superchips; value undisclosed

At VivaTech Mistral and Nvidia launched Mistral Compute, a European AI cloud with 18,000 Grace Blackwell systems in phase one (Essonne) and multi-site expansion planned for 2026.

Questions and answers

Who are Mistral's biggest investors and payers?

Samsung ($3.5B), ASML ($2B).

How much has Mistral invested or spent on AI deals?

$1.4B across 2 deals, the largest with EcoDataCenter.

How much is Mistral worth?

Valuation: $24B (Nov 9, 2026).

Is Mistral part of a circular deal?

No closed loop found for this company.

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