Samsung joins Mistral in $3B AI funding round led by PSG Equity
Mistral raised $3 billion in fresh equity financing valuing the startup at about $21 billion, described as the largest private technology funding round in Europe. Samsung Electronics joined the round as an investor for the first time, alongside the EU-backed Scaleup Europe Fund, with BlackRock and other existing backers participating. The new capital supports Mistral’s AI development and frontier research.