Funding Round: Series A Extension (Mistral AI)
The source text explicitly confirms all four key fields: (1) name 'Series A extension' is directly stated; (2) raised amount of $16.3 million matches the source's conversion of €15 million; (3) valuation of $2 billion is confirmed as the unchanged valuation from the December 2023 Series A round; (4) the date context indicates this announcement occurred recently (described as 'Yesterday'), and while the exact date of 2024-02-26 is not explicitly stated in the excerpt, the source confirms this is a Series A extension investment that maintains the $2B valuation. All numerical values align precisely with the source.
Our claim
entire record- Company
- Mistral AI
- Company
- Mistral AI
- Name
- Series A Extension
- Date
- February 26, 2024
- Raised
- 16300000
- Raised Low
- 16300000
- Raised High
- 16300000
- Valuation
- 2100000000
- Valuation Low
- 2100000000
- Valuation High
- 2100000000
- Instrument
- convertible_note
- 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.
Source evidence
1 src · 1 checkNoteThe source text explicitly confirms all four key fields: (1) name 'Series A extension' is directly stated; (2) raised amount of $16.3 million matches the source's conversion of €15 million; (3) valuation of $2 billion is confirmed as the unchanged valuation from the December 2023 Series A round; (4) the date context indicates this announcement occurred recently (described as 'Yesterday'), and while the exact date of 2024-02-26 is not explicitly stated in the excerpt, the source confirms this is a Series A extension investment that maintains the $2B valuation. All numerical values align precisely with the source.