Mistral AI

Amount: EUR 3B; approx. USD 3.44B (company database basis; approx. RMB 23.4B); post-money valuation: EUR 21B+; led by Samsung Electronics + Scaleup Europe Fund (managed by EQT) + PSG Equity jointly leading | Largest single equity financing in European tech history, valuation rose from EUR 11.7B to EUR 21B+ within 12 months (approx. 1.8x), making the company the second-highest valued private tech company in Europe (second only to London-based Revolut). Samsung Electronics and Scaleup Europe Fund (EUR 5B scale, EU-supported) were both first-time investors; BlackRock, Advent, and the Grand Duchy of Luxembourg were new entrants. Funds used for self-built data centers—targeting 200 MW deployment in Europe by end of 2027...