# Mistral AI funding: rounds and investors > Mistral AI has raised $7.5B across 4 rounds since 2025. Investors include Bpifrance, Samsung Electronics and ASML. Every round with its source. Source: https://millionrounds.com/company/mistral-ai (Millionrounds; every figure on the page links to its filing or article) France · [Series D startup](https://millionrounds.com/companies) # Who invested in *Mistral AI* 4 rounds we have observed, with the 33 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Big Data & Analytics Cloud Construction Raised 2 months ago Valuation: $13B, Mar 2026 Follow Mistral AI and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fmistral-ai) Funding summary Updated 5 Nov 2026 **$7.5B** raised across 4 rounds since 2025, from 13 sources **$2.0B** Series C **$830M** Debt **$1.2B** Round **$3.5B** Series D - **Latest round:** Series D, $3.5B Sept 2026 - **Led by:** Samsung Electronics - **Step-up i:** 3× - **Investors:** 33 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$2.0B** Series C **$830M** Debt **$1.2B** Round **$3.5B** Series D - **First round:** Series C, $2.0B - **Biggest round:** $3.5B - **Usual gap between rounds:** 3 months ## The rounds - **Sept 2026** Series D **$3.5B** *14 new* *10 returning* [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Bpifrance](https://millionrounds.com/fund/bpifrance) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Headline](https://millionrounds.com/fund/headline) [BlackRock](https://millionrounds.com/fund/blackrock) [NVIDIA](https://millionrounds.com/fund/nvidia) [DST Global](https://millionrounds.com/fund/dst-global) [Eurazeo](https://millionrounds.com/fund/eurazeo) [Advent International](https://millionrounds.com/fund/advent-international) [Providence Equity Partners](https://millionrounds.com/fund/providence-equity-partners-2) [Korelya Capital](https://millionrounds.com/fund/korelya-capital) [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) [Hillspire](https://millionrounds.com/fund/hillspire-llc) [ASML](https://millionrounds.com/fund/asml) [Carmignac](https://millionrounds.com/fund/carmignac) [BNP Paribas CIB](https://millionrounds.com/fund/bnp-paribas-cib) [Belfius](https://millionrounds.com/fund/belfius) [EQT-managed Scaleup Europe Fund](https://millionrounds.com/fund/eqt-managed-scaleup-europe-fund) [Grand Duchy of Luxembourg](https://millionrounds.com/fund/grand-duchy-of-luxembourg) [Phoenix Court's Solar fund](https://millionrounds.com/fund/phoenix-court-s-solar-fund) Reported by Samsung Catalyst Fund and 3 others - **Jun 2026** Round **$1.2B** *4 new* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Santander](https://millionrounds.com/fund/santander) [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) [EQT's Scaleup Europe Fund](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund) Reported by TechCrunch and 1 other - **Mar 2026** Debt **$830M** *6 new* *1 returning* [Bpifrance](https://millionrounds.com/fund/bpifrance) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [HSBC](https://millionrounds.com/fund/hsbc) [Crédit Agricole](https://millionrounds.com/fund/credit-agricole) [Sakana AI](https://millionrounds.com/fund/mufg) [Natixis](https://millionrounds.com/fund/natixis) [La Banque Postale](https://millionrounds.com/fund/la-banque-postale) Reported by Firms' own news pages and 3 others - **Sept 2025** Series C **$2.0B** *9 new* [ASML](https://millionrounds.com/fund/asml) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Bpifrance](https://millionrounds.com/fund/bpifrance) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Headline](https://millionrounds.com/fund/headline) [NVIDIA](https://millionrounds.com/fund/nvidia) [DST Global](https://millionrounds.com/fund/dst-global) Reported by Crunchbase News and 2 others ## Founders and team From Mistral AI's own website: 3 founders. **Arthur Mensch** Co-founder and CEO. **Guillaume Lample** Co-founder and Chief Science Officer. **Timothee Lacroix** Co-founder and CTO. ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series C** 2025 **Debt** 2026 **Round** 2026 **Series D** 2026 [Bpifrance](https://millionrounds.com/fund/bpifrance) [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) L [ASML](https://millionrounds.com/fund/asml) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Headline](https://millionrounds.com/fund/headline) [NVIDIA](https://millionrounds.com/fund/nvidia) [DST Global](https://millionrounds.com/fund/dst-global) ## Everyone who backed them [Bpifrance](https://millionrounds.com/fund/bpifrance) Government **3** rounds [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) Growth equity **2** rounds, led 1 [ASML](https://millionrounds.com/fund/asml) Corporate VC **2** rounds, led 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **2** rounds [Headline](https://millionrounds.com/fund/headline) VC firm **2** rounds [NVIDIA](https://millionrounds.com/fund/nvidia) Company **2** rounds [DST Global](https://millionrounds.com/fund/dst-global) Private equity **2** rounds [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) VC firm **1** round [HSBC](https://millionrounds.com/fund/hsbc) Growth equity **1** round [Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round [Eurazeo](https://millionrounds.com/fund/eurazeo) Private equity **1** round [Santander](https://millionrounds.com/fund/santander) VC firm **1** round [Crédit Agricole](https://millionrounds.com/fund/credit-agricole) VC firm **1** round [Advent International](https://millionrounds.com/fund/advent-international) Private equity **1** round [Providence Equity Partners](https://millionrounds.com/fund/providence-equity-partners-2) Private equity **1** round [Korelya Capital](https://millionrounds.com/fund/korelya-capital) VC firm **1** round [Sakana AI](https://millionrounds.com/fund/mufg) Growth equity **1** round [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) Growth equity **1** round [Natixis](https://millionrounds.com/fund/natixis) Corporate VC **1** round [EQT's Scaleup Europe Fund](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund) Growth equity **1** round [Hillspire](https://millionrounds.com/fund/hillspire-llc) Family office **1** round [Carmignac](https://millionrounds.com/fund/carmignac) Growth equity **1** round [Belfius](https://millionrounds.com/fund/belfius) Growth equity **1** round [BNP Paribas CIB](https://millionrounds.com/fund/bnp-paribas-cib) Growth equity **1** round [EQT-managed Scaleup Europe Fund](https://millionrounds.com/fund/eqt-managed-scaleup-europe-fund) Growth equity **1** round [Grand Duchy of Luxembourg](https://millionrounds.com/fund/grand-duchy-of-luxembourg) Growth equity **1** round [La Banque Postale](https://millionrounds.com/fund/la-banque-postale) VC firm **1** round [Phoenix Court's Solar fund](https://millionrounds.com/fund/phoenix-court-s-solar-fund) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mistral-ai). ## Also claim to have backed them These 16 firms list Mistral AI as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Kima Ventures](https://millionrounds.com/fund/kima-ventures) VC firm Per its own site [Motier Ventures](https://millionrounds.com/fund/motier-ventures) Family office Per its own site [Conviction](https://millionrounds.com/fund/conviction-4) VC firm Per its own site [Avra](https://millionrounds.com/fund/avra) VC firm Per its own site [Dedicated VC](https://millionrounds.com/fund/dedicated) VC firm Per its own site [Factorial Funds](https://millionrounds.com/fund/factorial-funds) VC firm Per its own site [Knuru Capital](https://millionrounds.com/fund/knuru-capital) VC firm Per its own site [PUSH VC](https://millionrounds.com/fund/push-vc) VC firm Per its own site [Valkyrie](https://millionrounds.com/fund/valkyrie-2) VC firm Per its own site [Digital Invest](https://millionrounds.com/fund/digital-invest-2) Family office Per its own site [Frontive Services](https://millionrounds.com/fund/frontive-services) Incubator Per its own site [Integra Groupe](https://millionrounds.com/fund/integra-groupe) VC firm Per its own site [ODC Ventures](https://millionrounds.com/fund/odc-ventures) Family office Per its own site [Pentagram Ventures](https://millionrounds.com/fund/pentagram-ventures) VC firm Per its own site [Rigby Technology Investments](https://millionrounds.com/fund/rigby-technology-investments) Growth equity Per its own site [Snaw Ventures](https://millionrounds.com/fund/snaw-ventures) VC firm Per its own site ## Quick answers about Mistral AI ### Who invested in Mistral AI? Mistral AI's investors include Bpifrance, Samsung Electronics, ASML, Andreessen Horowitz and General Catalyst, and 28 more on record. Samsung Electronics led its latest round. ### How much has Mistral AI raised? Mistral AI has raised $7.5B across 4 rounds since 2025. ### When did Mistral AI last raise? Mistral AI's most recent round was a Series D of $3.5B in Sept 2026, led by Samsung Electronics. ### What was Mistral AI's biggest round? Its most recent round, $3.5B in Sept 2026, is also its largest on record. ### Who backed Mistral AI first? Mistral AI's first round on record, in Sept 2025, was backed by ASML, Andreessen Horowitz and General Catalyst and 6 others. ### What stage is Mistral AI at? Mistral AI's latest named round is a Series D, in Sept 2026. ### Where is Mistral AI based? Mistral AI is based in France. ### Who led Mistral AI's rounds? ASML led the Series C in 2025; Samsung Electronics led the Series D in 2026. ## Companies like Mistral AI In the same sector, and raised in the last eighteen months. [**Fundbot** $2.6M · Oct 2026](https://millionrounds.com/company/fundbot)[**Koddex** $3.4M · Oct 2026](https://millionrounds.com/company/koddex)[**Pigment** $483M · Oct 2026](https://millionrounds.com/company/pigment)[**HyLight** $18M · Oct 2026](https://millionrounds.com/company/hylight)[**Wiremind** $39M · Oct 2026](https://millionrounds.com/company/wiremind)[**Vates** $34M · Oct 2026](https://millionrounds.com/company/vates) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app