ASML's investment focus and strategy, particularly highlighted by its significant investment in Mistral AI, centers on integrating advanced AI capabilities into its semiconductor lithography equipment to enhance performance and efficiency. This strategic move also aims to strengthen European technological independence in the AI sector and aligns with its broader vertical stack investment strategy.
100% of their portfolio is in AI. Deal activity increased 200% year-over-year (3 deals in the last 12 months). Their most common stage is series-c (100% of deals). Average disclosed round size is $1720.0M (across 4 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Series C
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Mistral AI | Series C | $1.7B | Sep 2025 |
| MMistral | Series C | $1.8B | Sep 2025 |
| Mistral AI | Series C | $1.5B | Sep 2025 |
| Mistral AI | Series C | $1.9B | Dec 2024 |
| MMistral | Series C | — | — |
Top Co-Investors
DST Global1 shared
Andreessen Horowitz1 shared
General Catalyst1 shared
Index Ventures1 shared
Lightspeed Venture Partners1 shared
Nvidia1 shared
Bpifrance1 shared
Last updated: 9 April 2026