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Mistral raises $830M in bank debt for 13,800 NVIDIA GB300 GPUs at Bruyères-le-Châtel

Mistral AIMistral Compute

Mistral secured $830 million in debt financing from seven banks including BNP Paribas, Crédit Agricole CIB, HSBC, MUFG, Bpifrance, La Banque Postale and Natixis CIB. The funds support a 44 MW data centre at Bruyères-le-Châtel south of Paris with 13,800 NVIDIA GB300 GPUs, operational Q2 2026. The company targets $1 billion annual recurring revenue by end of 2026, a twentyfold increase.

  • Seven-bank consortium financing for 13,800 NVIDIA GB300 GPUs and 44 MW data centre near Bruyères-le-Châtel, operational Q2 2026
  • Mistral's first debt round, chosen to preserve liquidity and avoid shareholder dilution after raising over $3 billion in equity
  • Part of broader commitment to 200 MW European compute capacity by 2027, positioning for customers requiring EU data residency
  • Company targets $1 billion annual recurring revenue by end of 2026, a twentyfold increase from prior year
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