Mistral closes €3B Series D at $24B valuation, Europe's largest equity round ever
AccBalanced · x · 2026-09-13
Mistral AI announced a €3B Series D at a $24B post-money valuation — the largest equity round ever raised by a European tech company, just three years after launch.
Investor Anjney Midha recalled shaking hands with co-founder Arthur Mensch on the Series A at a $2B post-money valuation two years ago, when he joined the board to back open model research. The valuation has grown roughly 12x since.
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