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New Deal


Announced

Completed

Andreessen-Horowitz and LightSpeed Ventures led a $414m round in Mistral AI.

Financials

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Transaction Value£330m
Consideration TypeCash
Capital Owned-
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

France

Software

Completed

Friendly

Single Bidder

Cross Border

Minority

Private Equity

generative artificial intelligence

Acquisition

Venture Capital

Synopsis

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Andreessen-Horowitz, a venture capital firm, and LightSpeed Ventures, a venture capital firm, led a $414m round in Mistral AI, a generative AI developer, with participation from Salesforce, BNP Paribas, General Catalyst, La Famiglia, Eric Schmidt, New Wave, Motier Ventures, and Sofina. The company said it aims to achieve frontier-level AI capacities in the coming months and build developer and enterprise-oriented products.

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