A
ArenaArena (formerly LMArena, born as Chatbot Arena at UC Berkeley) operates the crowdsourced leaderboard and evaluation platform used industry-wide to benchmark and rank AI models.
3 Pulse stories
MA
Mistral AIMistral AI develops open-weight and enterprise large language models and AI infrastructure, positioning itself as Europe's leading sovereign alternative to OpenAI.
3 Pulse stories
Total Raised
$250M
$5.5B
ArenaMistral AI
Last Valuation
$1.7B
$13.7B
ArenaMistral AI
AI infra
Sector
AI infra
2025
Founded
2023
San Francisco, CA
HQ
Paris, France
Private
Status
Private
Arena investors
FelicisUC InvestmentsAndreessen HorowitzKleiner PerkinsLightspeed Venture PartnersThe House FundLaude Ventures
Mistral AI investors
ASMLGeneral CatalystLightspeed Venture PartnersAndreessen HorowitzDST GlobalBpifranceIndex VenturesNvidia
Data from Value Add Pulse coverage and company research — see the full threads for Arena and Mistral AI.