Most of Mistral AI’s funding to date was debt financing, but the company has also raised several venture funding rounds, with a grand total around $4 billion, according to Crunchbase. In June 2023, just one month after being founded, Mistral AI raised a record $113 million seed round led by Lightspeed Venture Partners. Sources at the time said the seed round, Europe’s largest ever, valued the startup at $260 million. Other investors in that round included Bpifrance, Eric Schmidt, Exor Ventures, First Minute Capital, Headline, JCDecaux Holding, La Famiglia, LocalGlobe, Motier Ventures, Rodolph