Sources: French startup Mistral AI is in talks to raise ~€3B at a ~€20B valuation; it was last valued at €11.7B during a funding round in September 2025 (Bloomberg)

Techmeme ·

Mistral AI is reportedly discussing a major funding round that would nearly double its valuation to about €20B.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-06-12/france-s-mistral-in-funding-talks-at-about-20-billion-valuation"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260612/i13.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260612/p13#a260612p13" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-12/france-s-mistral-in-funding-talks-at-about-20-billion-valuation">Sources: French startup Mistral AI is in talks to raise ~&euro;3B at a ~&euro;20B valuation; it was last valued at &euro;11.7B during a funding round in September 2025</a></b></span>&nbsp; &mdash;&nbsp; French startup Mistral AI is in talks to raise around &euro;3 billion ($3.5 billion) at a valuation of roughly &euro;20 billion &hellip; </p>