Companies

Mistral AI

France

Series C of EUR 1.7B (~$2B) in September 2025 at an EUR 11.7B post-money valuation, led by ASML; acquired Austria's Emmi AI in May 2026 and was rumored in June 2026 to be raising ~EUR 3B at an EUR 20B valuation. Total raised across rounds is roughly EUR 2.8B (~$3B).

Updated 2026-07-09 · Last verified 2026-07-09

CountryFR
RegionEMEA
Segmentfoundation-model
Founded2,023
Funding (USD)$3B
Key productsRobostral Navigate (8B embodied navigation model, July 2026), WMa1 world model (teased March 2026), Mistral Large / Le Chat, Mistral Compute
Last round2025-09 · Series C · $2B
EMEA relevanceParis-based Mistral entered physical AI in 2026 with its Robostral family: Robostral Navigate, an 8B single-camera navigation model, beats sensor-heavy systems on R2R-CE and is hardware-agnostic. Backed by ASML's EUR 1.3B strategic investment, it is Europe's sovereign foundation-model champion extending into robotics.

Sources : Mistral AI (2025-09-09)Bloomberg (2026-07-08)Mistral AI (2026-07-08)TechCrunch (2026-06-12)

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Christian Verbrugge

Christian Verbrugge · D·Fairy

Bringing a physical AI solution into European industry?

15 years at KUKA on automotive OEM programs (€100M), now focused on edge AI and autonomous agents. I support robotics and embodied AI companies on their EMEA market entry: OEM and Tier 1 access, co-funded pilots, AI Act readiness.

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