Mistral AI announced that it has raised ?105 million in the round of funding led by new investor, Lightspeed Ventures, LLC on June 14, 2023. The transaction included participation from new investors, Redpoint Management, LLC, Index Ventures SA, Motier Ventures, La Famiglia GmbH, Exor Ventures, Sofina Société Anonyme, Firstminute Capital LLP, Phoenix Court Group, Headline and individual investor, Rodolphe Saadé. The transaction has raised at post money valuation of ?240 million.