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Mistral raises €3B

AI summary

Mistral has successfully raised €3 billion in a Series D funding round, achieving a post-money valuation exceeding €21 billion. This marks the largest equity fundraising round for a European technology company. New investors include Advent, BlackRock-managed funds, and the Grand Duchy of Luxembourg, while existing investors such as a16z, ASML, NVIDIA, and Salesforce Ventures also participated.

Time & source

Ingested
09/08, 06:00 UTC+0
Source type
Official
Breakout verdict
Basis
Running about 6.3× the median of this source's recent listed items
Triggering item
Mistral raises €3B
Metric comparison
313 vs median 50 (20 baseline samples)
Detected
09/08, 08:00
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Source·Hacker News·mistral.ai