Mistral AI Valuation: French AI Giant Nears $14B

Mistral AI Secures Significant Investment

Mistral AI, a French artificial intelligence company, is reportedly nearing completion of a €2 billion investment. This funding round establishes a post-money valuation of $14 billion for the firm.

Bloomberg reports that this positions Mistral AI as a leading, highly valued technology startup within Europe.

Company Background and Development

Founded just two years ago by researchers formerly associated with DeepMind and Meta, Mistral AI has quickly become a notable competitor to OpenAI.

The company specializes in the development of open source language models. They also created Le Chat, an AI chatbot specifically designed to cater to European users.

Recent Funding and Growth

While Mistral AI has not officially confirmed the report, this investment would mark its largest funding event since June 2024.

At that time, the company’s valuation stood at €5.8 billion.

Previously, Mistral AI successfully raised over €1 billion through investments from well-known firms like Andreessen Horowitz and General Catalyst.

European AI Investment Trends

This investment arrives during a period of substantial growth for European AI startups.

Data from Dealroom indicates that European AI companies experienced a 55% increase in investment year-over-year during the first quarter of 2025.

Rise of European Unicorns

Notably, twelve European startups attained unicorn status – a valuation exceeding $1 billion – in the first six months of the year.

Lovable, a Swedish AI coding platform, exemplifies this trend.

Lovable achieved a valuation of $1.8 billion in July, a mere eight months following its initial launch.