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Mistral secures Europe’s largest VC round to date at €3B

France’s Mistral has raised €3 billion in venture funding, marking the region’s largest VC deal. The capital will transition the company from a model developer to a full-stack enterprise AI provider. PitchBook data confirms the round’s record size.

Sources: finance.yahoo.com

“This round underscores Europe’s push to build sovereign AI infrastructure, a direct counter to U.S.-dominated cloud and model providers.”
— StartupReader
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