Mistral Secures €2 Billion Investment Valuing AI Company At $14 Billion

Mistral, the French AI startup founded by former DeepMind and Meta researchers, is finalizing a massive €2 billion investment that would value the company at $14 billion, according to Bloomberg. Known for developing open-source language models and its European-focused AI chatbot Le Chat, the two-year-old OpenAI rival has already raised over €1 billion from investors such as Andreessen Horowitz and General Catalyst. This new round, its first major raise since June 2024 when it was valued at €5.8 billion, underscores the rapid momentum of European AI startups, with Mistral emerging as one of the most valuable tech firms in the region. AMOUNT: $2,329,580,000 VALUATION: $14,000,000,000 HQ: #Paris #France #VentureCapital #Mistral #DeepMind #Meta #TradedVC

More Deals

View All

Nvidia Invests $1 Billion And Licenses Poolside's Model Factory For $6 BillionNvidia has agreed to a $6 billion non-exclusive license for Poolside’s Model Factory technology, while investing $1 billion in the AI coding startup at a $12 billion pre-money valuation. The deal includes job offers for 109 Poolside employees and a planned $6 billion investor payout by the end of 2027, but Poolside’s three founders, including CEO Eiso Kant, will remain to lead the independent company with new capital. SALE PRICE: $6,000,000,000 HQ: Santa Clara, California #VentureCapital #Nvidia #Poolside #TradedVC

Aptera Motors Partners With Launch Design For $44 Million Production ProgramAptera Motors, the solar electric vehicle startup, has partnered with Shanghai-based Launch Design on a production program valued at up to $44 million to support the company’s first customer-bound vehicles. The agreement covers assembly tooling, vehicle testing, pilot production and future manufacturing, with the first 40 production vehicles targeted for delivery in late 2026. Launch will cover roughly one-third of program costs through warrants for up to about $15 million in Aptera stock, while Aptera Co-CEO Chris Anthony said the partnership will bring manufacturing expertise and supply-chain capabilities without adding significant capital burdens. Co-CEO Steve Fambro added that Launch’s global footprint could help support future expansion beyond the U.S. FOUNDERS: Steve Fambro & Chris Anthony VALUATION: $44,000,000 HQ: Carlsbad, California #VentureCapital #ApteraMotors #LaunchDesign #TradedVC

Vessev Secures $19 Million Series A Funding Led By Blackbird Ventures For Electric Hydrofoil ExpansionNew Zealand-based electric hydrofoil maker Vessev has raised $19 million in a Series A and follow-on financing round to accelerate production of its VS-9 vessel line, expand its global team, and support plans to manufacture in the United States. The round was led by Blackbird Ventures, with participation from new investors GD1 and Rypples alongside existing backers K1W1, Icehouse Ventures, Shasta Ventures, and NZVC. The company, led by co-founder and CEO Eric Laakmann, is entering the U.S. market with FlyTahoe as its first American customer and plans demonstrations in New York City, Washington D.C., and Lake Tahoe as it expands sustainable electric water transit. FOUNDERS: Max Olson & Eric Laakmann INVESTORS: Blackbird Ventures, GD1, Rypples, K1W1, Icehouse Ventures, Shasta Ventures & NZVC ROUND: Series A AMOUNT: $19,000,000 HQ: Auckland, New Zealand #VentureCapital #Vessev #MaxOlson #EricLaakmann #TradedVC