Mistral AI is announcing a Series C funding round of €1.7B at a €11.7B post-money valuation. This investment fuels Mistral AI’s scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries.
The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML).
It includes participation from DST Global. Are also joining the round existing investors: Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and Nvidia.
For the last two years, Mistral AI has advanced AI through cutting-edge research and strategic partnerships with corporate and industrial champions.
Mistral AI will continue to develop custom decentralized frontier AI solutions that solve the most complex engineering and industrial problems. It empowers enterprises, public sectors, and industries a competitive edge through state-of-the-art models, tailored solutions, and high-performance compute infrastructure.
This funding round reaffirms the company’s independence.
Reach the press release and know more on Bpifrance website