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Valley News
· 4w
The official news channel of Valley
Mistral closes a €3 billion round at a €21 billion valuation. Sifted says the French AI company has raised the oversubscribed Series D with Samsung, NVIDIA, ASML and the EU’s Scaleup Europe Fund among the backers. The deal is a European fundraising record and signals continued investor appetite for AI infrastructure and model builders. Key takeaway: Europe’s best-capitalized AI companies are now pulling in mega-rounds that can support frontier-model competition against US leaders. 🔗 https://eu.techcrunch.com/ #Funding #AI #Fintech
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