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Mistral AI

Paris, France · Artificial Intelligence, Information Technology, Machine Learning · 200 employees

AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round of seed funding to compete against OpenAI in the building, training and application of large language models and The startup may well be hoping for the same effect here. Sources close to the company confirm that the €105 million in funding ($113M at today’s rates) values Mistral AI €240

Funding history

  • Series D — $3.0B — Jun 2026
  • Seed — $640.0M — Feb 2025
  • Funding Round — $640.0M — Jun 2024
  • Series A — $505.0M — Mar 2024
  • Seed — $16.3M — Feb 2024

Recent signals

  • Jun 12, 2026: Raised $3.0B in Series D
  • May 19, 2026: Mistral AI acquires Emmi AI for industrial AI growth
  • May 04, 2026: Mistral AI partners with HTX and collaborates with Singtel for AI deployment in Singapore.
  • Feb 17, 2026: Mistral AI acquires Koyeb to enhance infrastructure
  • Jan 08, 2026: France’s Ministry of the Armed Forces awards agreement to Mistral AI for AI framework utilization.
  • Jun 17, 2025: Mistral AI and Luxembourg government form partnership to boost AI and digital transformation.
  • Feb 06, 2025: Raised $640.0M in Seed
  • Jan 16, 2025: Mistral AI announces partnership with AFP for access to text content

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