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Mistral AI
mistral.aiValuation
$6B+
Founded
2023
Founding Story
Mistral AI was founded in May 2023 by former researchers from DeepMind and Meta: Arthur Mensch, Guillaume Lample, and Timothée Lacroix. Within weeks of incorporation, they raised a historic seed round to construct a European counterweight in generative AI.
Key Milestones
Founded in 2023, it has open-weight large language models (LLMs), with both open-source and proprietary AI models.
On 26 February 2024, Microsoft announced an investment of $16 million in Mistral AI.
In April 2025, Mistral AI announced a €100 million partnership with the shipping company CMA CGM.
In February 2026, Mistral acquired Koyeb, a Paris-based AI startup.
Funding History
| Date | Round | Amount |
|---|---|---|
| 2023 | Seed | $113M |
| 2023 | Series A | $415M |
| 2024 | Series B | $640M |