Why did Samsung back Mistral?
Mistral, a prominent French AI startup, has announced the successful completion of a €3 billion Series D funding round, securing a valuation of over €21 billion. This significant financing marks one of the largest rounds ever raised by a European technology company. The funding milestone was confirmed on Tuesday, following a period of anticipation.
Daphné Leprince-Ringuet, a senior reporter for Sifted, covers French tech and contributes to the AI and Deeptech newsletter for the platform. Mistral's rapid growth and substantial funding reflect the increasing interest and investment in European AI startups.
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