Technology12 Jun 2026SEO 881 min read

Analysis: Mistral is rumored to be raising €3B at €20B valuation

French AI lab Mistral AI is in early discussions to raise about €3 billion ($3.5 billion), Bloomberg reported Friday, citing anonymous sources. The funding rou…

French AI lab Mistral AI is in early discussions to raise about €3 billion ($3.5 billion), Bloomberg reported Friday, citing anonymous sources. The funding round would value the company at around €20 billion (about $23.15 billion), nearly double the €11.7 billion valuation it received in a Series C funding round last September. One of Europe’s leading AI startups, Mistral launched in 2023 with the stated ambition to “put frontier AI in the hands of everyone.” The company has taken a more…

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