Mistral announces €3 billion Series D funding round
Mistral says Samsung led the round, with EQT’s Scaleup Europe Fund and PSG Equity as co-leads. It says the funding will support infrastructure, products and deployment at scale, while allowing it to expand research and model development.
TLDR
Mistral announced a €3 billion Series D on September 8, 2026, calling it the largest equity round ever raised by a European tech company, three years after its launch. The company says Samsung led the round, co-led by EQT’s Scaleup Europe Fund and PSG Equity, with continued backing from ASML, Nvidia, BNP Paribas CIB and others. Mistral says the funding supports its infrastructure and product capabilities, deployment at scale, and continued expansion of frontier research and model development.
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