Mistral AI, the Paris-based startup rapidly establishing itself as Europe’s leading AI company, has secured a €1.3 billion investment from Dutch semiconductor equipment maker ASML in its ongoing Series C funding round. This round, totalling approximately €1.7 billion, values Mistral at around €14 billion, with ASML emerging as the largest shareholder in the company.
With Google and Amazon funnelling billions into their AI ventures, this move places ASML as a critical player in the global semiconductor industry. Other investors in Mistral include Nvidia, Microsoft, Andreessen Horowitz, and General Catalyst. Mistral’s revenue has surged from €10 million in 2023 to €60 million by 2025, fueled by enterprise adoption and strategic partnerships.
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Source: ASML invests €1.3B to become the largest shareholder in Nvidia-backed Mistral AI — TFN
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