funding-round

Seed (2023-06)

Metadata

Source Table	`funding_rounds`
Source ID	`K7YStXB99_`
Description	raised $113,000,000, equity, led by Lightspeed Venture Partners
Source URL	techcrunch.com/2023/12/11/mistral-ai-a-paris-based-openai-rival-closed-its-415-million-funding-round/
Parent	Mistral AI
Children	—
Created	Mar 24, 2026, 4:40 PM
Updated	Mar 24, 2026, 4:40 PM
Synced	Mar 24, 2026, 4:40 PM

Record Data

`id`	K7YStXB99_
`companyId`	Mistral AI(organization)
`companyEntityId`	Mistral AI(organization)
`companyDisplayName`	—
`name`	Seed
`date`	2023-06
`raised`	113000000
`raisedLow`	113000000
`raisedHigh`	113000000
`valuation`	260000000
`valuationLow`	260000000
`valuationHigh`	260000000
`instrument`	equity
`leadInvestor`	Lightspeed Venture Partners
`leadInvestorEntityId`	—
`leadInvestorDisplayName`	—
`source`	techcrunch.com/2023/12/11/mistral-ai-a-paris-based-openai-rival-closed-its-415-m…
`notes`	Largest seed round in European history at the time. Investors included Lightspeed Venture Partners (lead), Eric Schmidt, Xavier Niel, JCDecaux, Index Ventures, Redpoint Ventures, Motier, La Famiglia. Pre-product round; valuation ~$260M per FT. Raised €105M (~$113–117M USD).

Source Check Verdicts

confirmed95% confidence

Last checked: 4/12/2026

The source text explicitly states 'Mistral AI raised a $112 million seed round less than six months ago.' The claimed raised amount is $113 million (113000000), which is within 1% of the $112 million stated in the source—a negligible difference likely due to rounding or exchange rate variations. The date of 2023-06 aligns with the source's context that this seed round occurred 'less than six months ago' before the Series A announcement (which appears to be late 2023). The valuation of $260 million is not explicitly stated in the source for the seed round, but the source does not contradict it either. The name 'Seed' is confirmed as the round type.

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Debug info

Thing ID: K7YStXB99_

Source Table: funding_rounds

Source ID: K7YStXB99_