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🇰🇷 South Korea /Technology

Samsung-Backed French AI Startup Mistral Raises 4.6 Trillion Won

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • French AI startup Mistral said it raised 3 billion euros in a Series D round led by Samsung Electronics, lifting its valuation above 21 billion euros.
  • The deal is described as the largest equity investment raised by a European private technology company.
  • Mistral develops open-weight and sovereign AI models and supports AI transformation at more than 100 companies worldwide.

Mistral has secured a 3 billion euro investment in a funding round led by Samsung Electronics, giving the French AI startup a valuation of more than 21 billion euros.

Mistral announced the Series D investment on the eighth. The company said the round marked a major achievement only three years after its founding and represented the largest equity investment ever raised by a European private technology company.

Mistral focuses on open-weight and sovereign AI models. Its technology is designed to help companies build AI suited to their own operating environments while retaining control of their data. The startup currently supports AI transformation at more than 100 companies worldwide, including Airbus and HSBC.

Samsung led the latest investment. Global private-equity firms EQT and PSG Equity joined as co-investors, while Advent and BlackRock also came in as new investors. The previous Series C round, held in 2024, included a 1.7 billion euro investment from Dutch semiconductor equipment maker ASML.

About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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