GoKawiilMistral AI closes €3B Series D led by Samsung, valuing it above €21B
French AI startup Mistral AI has closed a €3 billion Series D funding round at a post-money valuation exceeding €21 billion, which it calls the largest equity raise ever by a European tech company. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and existing backer PSG Equity as co-leads. Mistral plans to use the capital to expand compute infrastructure, accelerate commercial growth, and grow its presence internationally across the 20 countries where it now operates.