Mistral AI
Independent French frontier AI company developing open-weight and commercial multimodal, language, coding, speech, document-understanding, reasoning and robotics models; enterprise AI products including Le Chat, Mistral AI Studio, Mistral Code, Agents, Forge and Vibe; and sovereign AI infrastructure through Mistral Compute.
€21B*79.5%increase
AI valuation
$0
$6.25B
$12.5B
$18.8B
$25B
$240M
Jun 13, 2023
$2B
Dec 11, 2023
$5.8B
Jun 11, 2024
$11.7B
Sep 9, 2025
$21B
Sep 8, 2026
202420252026
Financial events
| Date | Event | Type | Figures | Source |
|---|---|---|---|---|
| Sep 8, 2026 | €3 billion Series D at €21 billion-plus valuation | Funding round | €3B raised · €21B* valuation | Mistral AI |
| May 23, 2026 | Mistral AI acquires Emmi AI | Acquisition | Mistral AI | |
| Mar 30, 2026 | $830 million debt financing for AI data centre | Funding round | $830M raised | Reuters |
| Feb 17, 2026 | Agreement to acquire Koyeb | Acquisition | Koyeb | |
| Sep 9, 2025 | €1.7 billion Series C | Funding round | €1.7B raised · €11.7B* valuation | Mistral AI |
| Jun 11, 2024 | €600 million Series B | Funding round | €600M raised · €5.8B* valuation | Le Monde |
| Feb 26, 2024 | Microsoft strategic investment | Funding round | €15M raised | Microsoft |
| Dec 11, 2023 | €385 million Series A | Funding round | €385M raised · €2B* valuation | Le Monde |
| Jun 13, 2023 | €105 million seed round | Funding round | €105M raised · €240M* valuation | TechCrunch |
* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology