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Mistral secures record €3B round at €21B valuation

Europe’s largest tech equity raise closed with Mistral’s €3B Series D, led by Samsung. The Paris-based AI startup now carries a €21B valuation, surpassing all prior European funding rounds in scale. The capital will fund secure, open-weight AI development.

Sources: ventureburn.com

“This round not only dwarfs previous European tech raises but also signals Samsung’s strategic push into AI infrastructure, diverging from its traditional hardware focus.”
— StartupReader
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