Mistral, the prominent French AI company, is said to be nearing a valuation of $14 billion.

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Mistral AI Secures €2 Billion Investment, Reinforcing Position as Leading European Tech Startup

Paris, France – Mistral AI, an emergent powerhouse in the artificial intelligence sector, is reportedly in the process of securing a €2 billion investment, achieving a post-money valuation of $14 billion, according to Bloomberg. This funding round signifies a major milestone for the young company, positioning Mistral AI among Europe’s most highly valued technology firms.

An Overview of Mistral AI

Founded just two years ago by former researchers from industry giants DeepMind and Meta, Mistral AI has quickly garnered attention for its development of cutting-edge open-source language models and Le Chat, an AI chatbot specifically tailored for European users. While the company has not publicly commented on the investment news, this funding round is particularly significant as it marks Mistral’s first substantial capital raise since being valued at €5.8 billion in June 2024.

Mistral AI has successfully secured over €1 billion in funding from distinguished investors in the tech sector, including Andreessen Horowitz and General Catalyst.

Growing Investment in European AI Startups

The funding explosion for Mistral AI comes at a time when European artificial intelligence companies are experiencing transformative growth. Data from Dealroom indicates that investments in European AI startups increased by 55% year-over-year in the first quarter of 2025. This remarkable trend has seen 12 companies across Europe reach unicorn status within the first half of the year, underscoring the continent’s burgeoning tech landscape.

One standout in this dynamic market is Sweden’s Lovable, an AI coding platform that achieved a valuation of $1.8 billion just eight months post-launch, further highlighting the rapid evolution and investment opportunities within the European AI sector.

As Mistral AI prepares to solidify its position in this thriving ecosystem, the focus remains on its innovative technologies and the implications they carry for the industry in Europe and beyond.