Overview

• Mistral raised €1.7 billion in fresh funding, with ASML contributing €1.3 billion for roughly an 11% stake.
• The new round sets Mistral’s valuation at €11.7 billion, about double its level a year ago.
• Mistral said the financing affirms its independence after months of takeover speculation, including reported interest from Apple.
• ASML described a strategic partnership to use Mistral’s AI to optimize complex chip-production models, according to CFO Roger Dassen.
• FAZ reports Dassen will join Mistral’s supervisory board, and other investors include Lightspeed, Andreessen Horowitz, Nvidia and Bpifrance.