The facts
Mistral AI at a glance.
Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.
- Kind of company
- New frontier labsStart-ups building general AI models to rival the biggest labs.
- Based in
- Paris, France
- Founded
- 2023Mistral AI (About)
- Last closed-round valuation
- €21B+more than €21 billion post-money (Mistral AI, Sep 8, 2026)
- What it has shipped
- Has a model or API
Founders
- Arthur Mensch: co-founder and CEO (no prior background stated on the page) (Mistral AI (About))
- Guillaume Lample: co-founder and Chief Science Officer (Mistral AI (About))
- Timothée Lacroix: co-founder and CTO (Mistral AI (About))
Raised €3 billion Series D at more than €21 billion post-money, led by Samsung Electronics; Orrick calls it the largest equity round ever completed by a European technology company. Sep 8, 2026
Mistral AI, Sep 8, 2026
What it has built
Shipped, or not yet.
“Has a model or API” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.
2 rounds
Funding, as reported.
Every round we found, with the amount, valuation and investors as the source states them.
| When | Round | Amount | Valuation | Investors named | Source |
|---|---|---|---|---|---|
| Sep 2025 | Series C | €1.7 billion | Not stated | None named | Orrick (Mistral's law firm) |
| Sep 8, 2026 | Series D | €3 billion | more than €21 billion post-money | Samsung Electronics (lead), Scaleup Europe Fund, managed by EQT (co-lead), PSG Equity (co-lead), Advent, BlackRock-managed funds, Grand Duchy of Luxembourg, a16z, ASML, NVIDIA, Salesforce Ventures | Mistral AI |
Our note
Worth knowing.
Our note: Included as young (founded April 2023) and private. Orrick notes the WSJ's link refers to a '24-billion valuation', likely a dollar conversion; we use the company's euro figure.
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