Overview
- ASML invested directly in Mistral and is set to hold roughly 11% of the company, with some outlets reporting higher figures that neither firm confirmed.
- The financing values the French start-up at €11.7 billion and follows company claims of around €300 million in recurring annual revenue.
- Nvidia, Index Ventures, Andreessen Horowitz and Bpifrance joined the round alongside ASML, whose contribution was reported at €1.3 billion.
- The companies say the collaboration will deliver AI‑enhanced solutions for ASML customers and create opportunities for joint research.
- Mistral’s founders remain the controlling shareholders, and the deal is cast as a boost to European technological sovereignty versus larger US rivals.