capital
Mistral is rumored to be raising €3B at €20 valuation
June 13, 2026
Mistral is reportedly preparing a new funding round of about €3 billion at a €20 billion valuation, up from its €11.7 billion Series C price. The jump would nearly double the company’s prior valuation and underscore continued investor appetite for frontier AI startups.
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.
Source: techcrunch.com