Mistral AI: valuation, funding, and the secondary tape

The short version

Claimed valuation: $24.00B.
New-money stake: 14.5%.

instrument	value	as of	source
Claimed valuation	$24.00B		source
Claimed ARR	$400.00M		source
Napkin: new-money stake	14.5% ($3.48B of $24.00B)	2026-09-08	source

Recent milestones

2026-10-01 - In a September 29 CNBC interview, Mistral CEO Arthur Mensch said the U.S. AI-safety debate was being used to cover competitors’ “negligence.
2026-09-24 - Mistral AI CEO Arthur Mensch said the company plans to launch a new AI model within the coming weeks. He also suggested introducing state gu
2026-09-24 - Mistral participated in Clastix’s €2.9 million seed funding round alongside VERTIS SGR. Clastix will use the financing to expand kMetal, its

marks table | napkin table | the scorecard | all companies

Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.