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Paris-based Mistral AI Raises $640 Million in Series B Funding, Valued at €5.8 Billion

Jun 11, 2024, 12:59 PM

Paris-based AI startup Mistral AI has raised $640 million in a Series B funding round led by General Catalyst. The funding round comprises €468 million in equity and €132 million in debt, valuing the company at approximately €5.8 billion. This latest valuation has tripled since December.