EQT Scaleup Europe Fund co-leads Mistral AI’s €3 billion Series D at more than €21 billion valuation

• EQT Ventures’ Scaleup Europe Fund will co-lead Mistral AI’s EUR 3 billion Series D with Samsung at a EUR 21 billion post-money valuation.
• Mistral AI is a Paris-based frontier AI company founded in 2023 that develops open-weight models for enterprise and public-sector deployments.
• Proceeds target expanded frontier research, increased infrastructure, and faster international growth.
• Mistral is building European compute capacity, targeting a gigawatt-scale AI campus outside Paris to support sovereign AI deployments.
• The company reports more than 125 customers across 20 countries, with adoption in regulated and mission-critical settings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EQT Ventures published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.