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Mistral raises €3bn led by Samsung at a valuation above €21bn

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Mistral raised €3 billion in a Series D round at a post-money valuation of more than €21 billion, led by Samsung Electronics with co-leads Scaleup Europe Fund, managed by EQT, and PSG Equity. Mistral called it the largest equity round by a European technology company and said the money will fund frontier research and compute.

Why it matters

Europe’s leading AI lab gained money to build its own compute, with an Asian chipmaker as lead investor.

When
8 Sep 2026
ID
WTA-N-2026-0235
Who
Mistral AI, Samsung Electronics, EQT

Summary by wheresthe.ai, from Mistral AI and the reporting credited above. Checked against the source on 10 Oct 2026.

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: Led toMistral previews Large 4, a 1-trillion-parameter model with weights due by end of October

Cite this story

WTA-N-2026-0235: “Mistral raises €3bn led by Samsung at a valuation above €21bn.” wheresthe.ai, 8 Sep 2026. https://wheresthe.ai/d/eu-mistral-3bn-series-d-samsung-2026-09/ (source: Mistral AI: €3B raise).

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