PSG Equity invests in Mistral AI

● GROWTH | DEVTOOLS/INFRASTRUCTURE · AI Models & Infrastructure

SEPTEMBER 8, 2026

PSG Equity invests in Mistral AI

TARGET

Open-weight and proprietary large language models and AI infrastructure for enterprises and developers across 20+ countries, competing with OpenAI and Anthropic from Paris.

Deal value	€3bn invested
Ownership	€3bn round at a €21bn valuation co-led by psg equity, samsung electronics and the scaleup europe fund; eqt among the backers · Samsung Electronics, PSG Equity, Scaleup Europe Fund (managed by EQT), Andreessen Horowitz, General Catalyst +12 more
Capital raised	~€4.7bn+ equity and debt
Headcount	~1,505 FTEs
Headquarters	Paris, France
Leadership	Arthur Mensch, Co-founder and CEO Johan Bergqvist, CFO
Sell-side advisor	—

INVESTOR

PSG Equity

Co-investors	Samsung Electronics
Buy-side advisor	—

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PSG Equity -> Mistral AI  (2026-09-11)
growth_investment | DevTools/Infrastructure | €3bn Invested | announced
Target: Open-weight and proprietary large language models and AI infrastructure for enterprises and developers across 20+ countries, competing with OpenAI and Anthropic from Paris.
Website: mistral.ai | Buyer site: psgequity.com
HQ: Paris, France | Ownership: €3bn round at a €21bn valuation co-led by PSG Equity, Samsung Electronics and the Scaleup Europe Fund; EQT among the backers
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/psg-equity-mistral-ai.html

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