Mistral AI, a French startup, is completing a 2 billion euro funding round, which is expected to bring its valuation to 14 billion US dollars. This makes Mistral one of the most valuable technology startups in Europe. Mistral was founded two years ago by researchers from DeepMind and Meta, and it focuses on developing open-source language models and an AI chatbot called "Le Chat" tailored for the European market.
According to Bloomberg, this funding round will be Mistral's first major financing since June 2024, when its valuation was 5.8 billion euros. Mistral has previously raised over 1 billion euros from well-known investors including Andreessen Horowitz and General Catalyst.
The investment comes at a time when European AI startups are experiencing unprecedented growth. According to data from Dealroom, investments in European AI companies increased by 55% in the first quarter of 2025. In the first half of 2023, 12 European startups achieved "unicorn" status. Notably, Lovable, an AI coding platform based in Sweden, reached a valuation of 1.8 billion US dollars within just eight months, becoming one of the leaders in this growth wave.
As AI technology continues to advance, Mistral's growth highlights the potential of the European market in the global tech competition. Mistral focuses on developing AI tools that meet the needs of European users, especially in terms of data privacy and localized services, offering more suitable solutions for the European market. The company's success not only marks its own development but also injects confidence into the entire European tech industry, showcasing significant investment opportunities in the AI field.
Although Mistral has not publicly commented on this financing, these developments are sure to attract more investors and market attention, further promoting the growth of the European AI ecosystem.
Key points:
🌟 Mistral AI is about to complete a 2 billion euro investment, with a valuation reaching 14 billion US dollars, making it one of the most valuable technology startups in Europe.
🚀 The company focuses on developing open-source language models and AI chatbots for European users.
📈 European AI startups are growing rapidly, with investments in AI companies in Europe increasing by 55% year-on-year in the first quarter of 2025.
