Mistral AI develops open and commercial AI models, chat products, and enterprise model infrastructure.
| date | round | amount | valuation | investors |
|---|---|---|---|---|
| Mar 2026 | Primary | $830M | not disclosed | not disclosed |
| Sep 2025 | Strategic | €2B | €12B / $14B post-money | ASML |
Mistral is executing a full-stack strategy: releasing open-weight frontier models to accelerate community innovation, while building an enterprise platform (Forge) for model customization and deploying its own infrastructure (Mistral Compute) to control costs and serve air-gapped customers.