· Investment Strategies · 3 sources · Updated · Verified
September 8 VC News: Mistral €3B Series D at €21B+
Mistral closed a €3 billion Series D led by Samsung Electronics at a post-money of more than €21 billion. June €20 billion copy was talks. Roundup-only: Veridue $4 million pre-seed (Tech Funding News). Jet Zero, Navana, Cato, Jaipur, Fundly, Molten, and W Health sit on the September 7–8 index.
Editorial team
September 8 converts Mistral from talks to a company close. Mistral announced a €3 billion (~$3.5 billion) Series D at a post-money of more than €21 billion. Samsung Electronics led. Scaleup Europe Fund (EQT) and PSG Equity co-led. June Bloomberg/TechCrunch €20 billion was people familiar, not this post. ARR was not disclosed. Dated snapshot September 8, 2026. Source: Mistral. Jet Zero, Navana, Cato, Jaipur Robotics, Fundly, Molten Growth, and W Health Fund II sit on the September 7–8 index.
What printed September 8
| Date | Entity | Amount | Type | What is actually known | Follow-up |
|---|---|---|---|---|---|
| Sep 8 | Mistral AI | €3B (~$3.5B) | Series D | Samsung led. Scaleup Europe Fund + PSG co-led. €21B+ post-money. No ARR. Samsung cheque unknown. | Mistral memo |
USD uses Bloomberg’s June print of €3 billion as $3.5 billion. The company post does not restate dollars.
Roundup only
Veridue — $4M pre-seed (energy / data-center diligence)
Tech Funding News, September 8: London Veridue raised $4 million pre-seed. Episode 1 Ventures led. HTGF, Pi Labs, Cameron Hepburn, and Jeremy Palmer participated. Founders: Daniel Csonth (ex-McKinsey energy M&A) and Xander van den Eelaart (ex-SCOR agentic underwriting). Product is diligence / IC-memo workflow for renewable and data-center deals. “Largest European energy-software pre-seed” is a company/investor claim; TFN says limited data. No company blog used as primary. No /startup/veridue. Confidence: reported.
Explicitly not this index
- Jet Zero Australia A$30M, Navana.ai ₹40 Cr, Cato €6M, Jaipur Robotics €4.3M, Fundly.ai ~$4M, Molten Growth £175M, W Health Fund II ₹700 Cr — September 7–8 index.
- Ground A €9.1M, Outline $3M, sci2sci €1.2M — TFN headlines this morning; no durable primary yet. Not indexed here.
- Pixxel $100M, Fluencify, Mokobara, Cari — already on September 6–7 space index.
- Nua $50M mixed Series C — September 6–7 Nua tape.
- Nvidia–Hugging Face $12.93B — agreed, not closed. Memo. Nvidia is a returning Mistral name on the Series D; do not merge the two.
Related: Mistral memo · Mistral entity · Nua tape · September hub.
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