Mistral AI Raises EUR 1.7bn, Strengthens European Language AI Push
French AI startup Mistral AI has once again made headlines by securing a massive $2 billion in Series C funding , pushing its valuation to $13.8 billion . Announced on September 9, 2025, the investment round highlights the company’s growing role as a leading force in Europe’s artificial intelligence ecosystem. The round was led by ASML Holding NV , the Dutch semiconductor equipment maker, with a significant contribution of $1.5 billion . Existing investors—including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, and NVIDIA —also participated, reaffirming their confidence in Mistral’s vision and strategy. ASML added that partnering with Mistral “will allow both companies to innovate faster together.” Founded in 2023 by former Meta and Google researchers, Mistral has quickly positioned itself as one of Europe’s most prominent AI startups. The company stressed that the new funding “reaffirms the company’s inde...