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ASML invests €1.3bn in Mistral AI for an 11% stake

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ASML led Mistral AI’s €1.7 billion Series C with a €1.3 billion investment, taking about 11 percent on a fully diluted basis at an €11.7 billion post-money valuation. The two signed a long-term deal to explore using Mistral’s models across ASML’s products, research and operations, and ASML’s CFO Roger Dassen joined Mistral’s strategic committee.

Why it matters

Mistral gained an industrial customer and about €1.3bn from ASML, which now holds roughly 11 percent of the French lab and advises on its strategy.

When
9 Sep 2025
ID
WTA-N-2025-0170
Where
France, Netherlands, European Union
Who
ASML, Mistral AI; Christophe Fouquet, Arthur Mensch

Summary by wheresthe.ai, from ASML and the reporting credited above. Checked against the source on 9 Oct 2026.

Source copy: download the page as saved on 21 Oct 2026 (PDF). Also held by the Internet Archive.

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Cite this story

WTA-N-2025-0170: “ASML invests €1.3bn in Mistral AI for an 11% stake.” wheresthe.ai, 9 Sep 2025. https://wheresthe.ai/d/fr-asml-mistral-series-c-2025-09/ (source: ASML).

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