TechCrunch Verified • Series D Analysis

Mistral Series D Sovereign AI Valuation & Dilution Modeler

Simulate equity ownership dilution, public-private sovereign leverage, and investor syndicate allocation based on TechCrunch's report of a €3B raise at €21B post-money valuation.

Funding Round Parameters

Series D Investment Size €3.00B
Pre-Money Valuation €18.00B
Sovereign AI Grant / Compute Credit Leverage 15.0%
Simulates European sovereignty subsidies, non-dilutive GPU compute credits, and national infrastructure matching.

Series D Investor Syndicate Split

Reported co-leads: Samsung, Scaleup Europe, PSG Equity.
Samsung Share of Round 35%
Scaleup Europe Share 30%
PSG Equity Share 25%
Other Syndicate Participants: 10%
Sovereign AI Impact: Non-dilutive European public-private subsidies boost effective enterprise asset value to €24.15B without issuing additional dilutive shares.

Computed Valuation & Ownership Breakdown

Post-Money Valuation
€21.00B
Series D Dilution
14.29%
Founder Retained
21.43%
Subsidy-Adjusted Valuation
€24.15B
Total Post-Money
€21.0B
Post-Money Distribution Waterfall
Shareholder Group Pre-Money Stake Post-Money Stake Value (€)