Paris-based AI darling Mistral has closed a €468m equity funding round at a €5.8bn valuation, according to three sources with direct knowledge of the deal.
News
June 10, 2024
Mistral closes €600m at €5.8bn valuation with new lead investor
The French startup last raised a €385m Series A just six months ago
Daphné Leprince-Ringuet and Tim Smith
2 min read
Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn
Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

Deeptech & AI
The people, companies and trends shaping European AI and deeptech.
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