Mistral AI Completes €1.7 Billion Series C: ASML Leads with €1.3B Investment, Pushing Valuation to €11.7 Billion and Cementing Europe's AI Champion Status
French AI powerhouse Mistral AI announced on September 9, 2025, the close of its massive €1.7 billion Series C round — the largest ever for a European AI company. Led by Dutch semiconductor giant ASML (€1.3 billion commitment for ~11% stake), with participation from Nvidia, Andreessen Horowitz, DST Global, and others, the deal catapults Mistral's post-money valuation to €11.7 billion ($13.8 billion). This strategic alliance pairs frontier AI innovation with chipmaking expertise, signaling a bold push for European tech sovereignty amid U.S. dominance.
Lovable Hits $6.6 Billion Valuation: Europe's Hottest Vibe Coding Unicorn Secures Massive New Funding Round Amid Explosive Growth
Swedish AI startup Lovable has soared to a $6.6 billion valuation in its latest funding round, sources revealed on December 16, 2025 — more than tripling its $1.8 billion mark from July. Led by returning investor Accel and joined by Khosla Ventures, this marks the company's third mega-round in 2025, fueled by $200M ARR and 8M+ users building apps via natural language prompts. The "vibe coding" pioneer is democratizing software creation, outpacing rivals and cementing its status as Europe's fastest-growing AI powerhouse.
