Mistral raised a €1.7B Series C at an €11.7B valuation; ASML led the round with €1.3B to become its biggest shareholder, joined by a16z, DST, Nvidia, and others
Dutch chip equipment maker backs French artificial intelligence champion as US-China tensions rock tech industry
Financial Times Tim Bradshaw
Related Coverage
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- Big day today for Mistral AI! — 🌟 We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation! … Charline Mauro
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Discussion
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@mistralai
@mistralai
on x
We've raised €1.7B to accelerate technological progress with AI! This Series C funding round, led by @ASMLcompany, fuels Mistral AI scientific research to keep pushing the frontier of AI to tackle the most critical technological challenges faced by strategic industries.
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@thijsvanderspil
Thijs van der Spil
on x
$ASML has a history of strategic investments to strengthen tech leadership and secure the value chain. Think Zeiss, Cymer, Berliner Glas. They stay true to that approach with their new €1.3B lead investment in Mistral AI, taking ~11% on a fully diluted basis. More than equity,
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@asmlcompany
@asmlcompany
on x
We just announced a strategic partnership with Mistral AI, with the goal to enhance our products and solutions for the benefit of our global customer base. Learn more: https://www.asml.com/... [image]
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@paulbz
Paul Murphy
on x
Big day for @MistralAI! €1.7B Series C led by @ASMLcompany, reinforcing their position as what we believe to be the world's leading fully independent AI lab. From day one, @LightspeedVP has backed the team in every round, including this one, and they're still just getting going.
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@paulbz
Paul Murphy
on x
What sets Mistral apart isn't chatbots. Their partnership with ASML is about applying AI to the most demanding industries & scientific challenges.. transforming semiconductors, energy, defense.. [image]
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@kayjebelli
Kay Jebelli
on x
🚀Fantastic news for European AI🇪🇺this is a partnership that shouldn't be investigated and slowed down by competition authorities. These investments in AI startups will attract more investment to the sector, and help startups like Mistral scale and compete internationally🌍
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r/technology
r
on reddit
ASML becomes main shareholder in Mistral AI after 1.3B euro deal
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r/MistralAI
r
on reddit
Official: Mistral AI has raised €1.7B with ASML leading the Series C funding round