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Mistral is rumored to be raising €3B at €20B valuation

TechCrunch AI Ram Iyer June 12, 2026
Mistral is rumored to be raising €3B at €20B valuation
AI Summary— plain English for professionals

# Mistral's Big Funding Round Mistral, an AI company competing with OpenAI and Google, is reportedly raising €3 billion in new funding that would nearly double what investors think the company is worth—from about €11.7 billion to €20 billion. Think of it like your house doubling in value: investors are betting the company will become significantly more valuable in the coming years. This kind of massive investment in AI startups shows how much money is flowing into this technology space right now.

The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.

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