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Mistral AI raises €1.7 billion at €11.7 billion post-money

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Raised €1.7 billion at a post-money valuation of €11.7 billion. The lead investor is chip-equipment maker ASML

Why it matters

Europe's largest AI funding round. That the lead was not a VC but the sole supplier of EUV equipment reveals its industrial-policy character

Source — Primary sources first; secondary reports are labelled “Press”

Officialmistral.aihttps://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/

Added in Week 35, 2026 · See that week

On the map — ⑬ Compute Economics line

  1. Previous stopH20 sales to China resume, with licenses assured
  2. This recordMistral AI raises €1.7 billion at €11.7 billion post-money
  3. Next stopCohere raises an extra $100 million at a $7 billion valuation
See it on the map

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