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Funding
Mistral AI raises USD 640 million in funding to develop capabilities and scale operations
Generative AI Applications
Jun 10, 2024
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Generative AI Applications

Jun 10, 2024

Mistral AI raises USD 640 million in funding to develop capabilities and scale operations

Funding

  • Mistral AI, an open-source developer of foundation models, has raised USD 640 million in a Series B funding round led by General Catalyst, with participation from Andreessen Horowitz, Lightspeed, Bpifrance, BNP Paribas, NVIDIA, Samsung Venture Investment, and Salesforce Ventures. This funding round brings the total valuation of the company to USD 6 billion.

  • The company plans to use the funds to develop its capabilities further and scale its operations. 

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