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Funding round that includes ASML could value France’s Mistral at $14bn – reports
['Ann O Dea', 'Ann O Dea Is The Ceo', 'Co-Founder', 'Editor-In-Chief Of Silicon Republic']
Start-ups – Silicon Republic
Paris-based AI start-up Mistral is reported to be finalising a Series C round of $2bn.
Reuters reports Dutch chip giant ASML is set to become top shareholder.
Reuters, meanwhile, says Dutch chip giant ASML will be by far the biggest investor in this round, making it the largest shareholder, and giving it a place on Mistral’s board.
It’s Series B round raise in July 2024 valued the young start-up at $6bn.
When confirmed, the raise will make Mistral the most valuable AI start-up in Europe.
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