Mistral AI (Series B)

Funding Details
Awarder
Inbox
Date Award
June 11, 2024
Vertical
AI
Funding URL
View Funding Page
Valuation
$6,000,000,000

Company Info
Traction
Mistral AI has made significant progress in releasing foundational models over the past 18 months. The company is now focused on attracting corporate customers to translate its engineering work into revenue.
Organizations Involved
General Catalyst, Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, Salesforce Ventures, Microsoft, and others
Founders
Arthur Mensch
Company Description
Mistral AI is a Paris-based AI startup that focuses on developing foundational models to rival top-performing models in the AI space. The company has released pre-trained and fine-tuned models under an open-source license and proprietary models for commercial use. Mistral AI also offers API-first products like Codestral and a free chat assistant called Le Chat. The company has distribution partnerships with cloud providers like Microsoft Azure.
Location
Paris, France
Coinvestors
General Catalyst, Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, Salesforce Ventures, and others

Links
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