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Analysis

September 10, 2026

Why did Samsung back Mistral?

With a trio of co-leads from around the globe, including strategic backing from Samsung, Mistral is doubling down on the sovereignty play


After weeks of anticipation, French AI darling Mistral confirmed on Tuesday it has raised a €3bn Series D at a post-money valuation of more than €21bn, marking one of the largest rounds ever raised by a European tech company.

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Daphné Leprince-Ringuet

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

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