Mistral raises €3B

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.