Skip to content
Longterm Wiki

Series A Extension

Convertible NoteVerified
Raised
$16M
Post-money valuation
$2.1B
Date
Feb 2024
Lead Investor
Microsoft
Notes

Microsoft invested €15M (~$16.3M) as part of a strategic partnership that included making Mistral models available on Azure. Investment structured as part of the Series A round (extension), to convert into equity in the next round. Valuation unchanged at ~$2.1B. EU regulators examined the deal.

Other Rounds by Mistral AI

4
RoundRaisedValuationLead InvestorDate
Series C(equity)$2B$14BASMLSep 2025
Series B(equity)$640M$6.2BGeneral CatalystJun 2024
Series A(equity)$415M$2.1BAndreessen HorowitzDec 2023
Seed(equity)$113M$260MLightspeed Venture PartnersJun 2023