June 11, 2024, 12:37 p.m. | Ioanna Lykiardopoulou

The Next Web thenextweb.com


France’s (and Europe’s) GenAI darling Mistral has reportedly almost tripled its valuation, reaching €5.8bn. First reported by Sifted and later confirmed by the Financial Times, the Paris-based startup has raised a €468mn equity funding round, led by DST global and existing investor General Catalyst. An additional €132mn in debt financing brings the total funding to €600mn. Mistral launched just a little over a year ago, but it has risen to prominence at an impressive rate. Its open-source and optimised multilingual …

catalyst debt deep tech equity europe financial financial times financing france french funding funding round genai general general catalyst global investor investors and funding later mistral paris startup startups and technology valuation

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