JUST IN: Mistral's CEO Arthur Mensch says newest model outperforms Chinese ones on cybersecurity.
"The narrative that Europe cannot compete is something that is not true."
Via Reuters.
Over €250M raised by STATION F companies last month (up 33% from Sept 2025)!
In addition, we noticed M&A picking up with four acquisitions in a single month - all of them being in AI and Mistral acquired its 2nd company at Station F.
Fundraising last month included:
Profound ($180M Series D raised w Sequoia Capital, Kleiner Perkins, Lightspeed Venture Partners, Khosla Ventures and others)
Biolevate (Future 40 2025, €30M Series A raised w RAISE, Orange Ventures, MSD Global Health Innovation Fund, EQT Ventures and others)
Arlequin AI (€28M Series A raised w Redalpine, OTB Ventures, Bpifrance's Defence Innovation Fund, Vsquared Ventures and others)
INCEPTO ($16M raised w Impactivist and others)
CURA ($10M raised w Zacua Ventures, Sandpiper Ventures, Amplify Capital, Vantage Futures and others)
And a few smaller rounds, congrats to all for this milestone!
On the M&A side:
Hugging Face acquired by NVIDIA for $12.9B :exploding_head:
Pimento (Future 40 2023) acquired by Mistral AI, Mistral also acquired Koyeb (Future 40 2024) earlier this year
Query Juriste acquired by Lexroom
Mayday acquired by USU Solutions DACH
The companies above participated in Station F programs including Microsoft, LVMH, Havas, Incubateur HEC Paris, Landing Zone and more.
If you are an investor and you'd like to receive our monthly list of fundraising companies, please reach out to investors (at) stationf (dot) co
A random guy in the @eurostar who is not even in tech just got way excited to see a @huggingface sticker on my computer 😅 @ClemDelangue you built something so special
Batch 2 of F/ai is officially LIVE
26 new AI startups just walked through our doors, and they’ve got some serious backup 👀
Cohere, Notion, Replit and Legora are joining F/ai.
That rounds out 10 new partners for batch 2, alongside ElevenLabs, Nebius, Rippling, OpenRouter, HubSpot and GitHub , who came on board earlier this summer
34 of the biggest names in AI and VC, all in one program!
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I'm curious to read other stories from people who've scaled new businesses in Europe. (And if your experience has been positive, that's also useful to hear.) Feel free to email me: [email protected].
If they truly believe the risk is that high, and I think they do, then we need 100x more research and understanding of it. That requires them to openly share their models, datasets, training code, and agent traces.