Mistral AI announced on Sept. 8, 2026, that it raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion. Samsung Electronics led the round, with co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity.
Mistral said the capital will expand frontier research, scale training compute, build infrastructure, and accelerate commercial growth and its international footprint. The company said it operates across 20 countries and supports more than 125 enterprises, naming Airbus, ASML, and HSBC among customers.
Company claim: Mistral described the round as the largest equity fundraising round ever completed by a European technology company, three years after its launch. Independent outlets including TechCrunch, Quartz, and Tech.eu reported the same euro figures and lead structure from the company announcement.
Samsung Electronics said on Sept. 9, 2026, that it entered a strategic partnership with Mistral to apply on-premises AI across Samsung semiconductor operations, including Mistral Large, and that it led Mistral's Series D. Samsung said the partnership was announced during a South Korea-France state summit in Paris.
New investors named by Mistral include Advent, funds and accounts managed by BlackRock, and the Grand Duchy of Luxembourg. Existing backers returning include a16z, ASML, NVIDIA, Salesforce Ventures, and others listed on the company post.
Independent context: Quartz said Mistral's Series C a year earlier valued the company at €11.7 billion. TechCrunch reported French president Emmanuel Macron framed the Samsung stake as part of a France-South Korea third way in AI; keep that political framing as color, not the core financing fact.
Limitations: Dollar conversions used in some press accounts are reporter math; prefer the euro figures Mistral published. Secondary interview claims about revenue trajectory or owned-compute growth are company claims and are not treated as verified operating metrics here. This pack covers the financing and Samsung partnership, not a new model release.