French AI Startup Mistral Nears €2B Raise, Hits $14B Valuation Amid European Funding Surge
Bloomberg reports French AI firm Mistral is finalizing a €2B raise that would value it at $14B, a big jump from its June 2024 €5.8B valuation. Founded by ex‑DeepMind/Meta researchers, Mistral builds open‑source language models and Le Chat. The deal highlights surging investment in European AI startups in 2025.
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- TechCrunch — Mistral AI Nears $14B Valuation, Eyes IPO as Europe’s OpenAI Challenger
- TechCrunch — Mistral AI Raises €1.7B Series C at €11.7B Valuation, Emerges as Europe’s Leading OpenAI Rival