{
  "meta": {
    "attribution": "Anchor Terminal (https://www.anchorterminal.com)",
    "attributionRequired": true,
    "credit": "CC BY 4.0, credit Anchor Terminal and link the page or API address you took it from (https://www.anchorterminal.com/terms/#data)",
    "docs": "https://www.anchorterminal.com/docs/",
    "generatedAt": "2026-11-11",
    "license": "CC-BY-4.0",
    "method": "https://www.anchorterminal.com/benchmark/",
    "methodology": "0.7",
    "openapi": "https://www.anchorterminal.com/openapi.json",
    "preview": false,
    "run": "2026-10-01",
    "runLabel": "October 2026 research run",
    "terms": "https://www.anchorterminal.com/terms/#data"
  },
  "tool": {
    "slug": "devstral-small-2",
    "name": "Devstral Small 2",
    "vendor": "Mistral AI",
    "vendorUrl": "https://mistral.ai",
    "kind": "weights",
    "category": "open-weights",
    "summary": "Devstral Small 2 is Mistral's open-weight coding agent model, 24B parameters with image input, tool calling and a 256K context. Apache 2.0. It runs in vLLM, SGLang, Transformers, llama.cpp and Ollama, where the 4-bit build is 15 GB.",
    "url": "https://www.anchorterminal.com/tools/devstral-small-2",
    "markdownUrl": "https://www.anchorterminal.com/tools/devstral-small-2.md",
    "slimMarkdownUrl": "https://www.anchorterminal.com/tools/devstral-small-2.min.md",
    "jsonUrl": "https://www.anchorterminal.com/api/v1/tools/devstral-small-2.json",
    "dns": "devstral-small-2.grade.anchorterminal.com",
    "repo": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512",
    "license": "Apache-2.0",
    "transports": [],
    "packages": [
      {
        "registry": "huggingface",
        "name": "mistralai/Devstral-Small-2-24B-Instruct-2512"
      },
      {
        "registry": "ollama",
        "name": "devstral-small-2"
      }
    ],
    "auth": "none",
    "authNotes": "The weights download from Hugging Face with no account, token or terms to accept. The repository is not gated (checked 2026-11-10).",
    "pricing": "free",
    "pricingNotes": "Free to download and use under Apache 2.0. Running it yourself takes 15 GB at Q4_K_M from Ollama's library, 26 GB in FP8 from Mistral, or 26 GB at Q8_0 from ggml-org. Mistral's API serves it too (checked 2026-11-10).",
    "priceSummary": "Free",
    "where": "local",
    "x402": {
      "level": "no",
      "evidence": "Weights you download and run yourself, so there is nothing to pay per call and no payment protocol (checked 2026-11-10).",
      "endpoints": []
    },
    "toolCount": null,
    "popularity": {
      "githubStars": null,
      "npmWeekly": null,
      "pypiWeekly": null,
      "asOf": "2026-11-10"
    },
    "docsUrl": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512",
    "capabilities": [
      "model.open-weights"
    ],
    "tags": [
      "open-weights",
      "model",
      "dense",
      "coding",
      "agentic",
      "vision",
      "tool-calling",
      "long-context",
      "apache-2.0",
      "safetensors",
      "fp8",
      "gguf",
      "ollama",
      "self-hosted"
    ],
    "lastRelease": "2026-07-15",
    "graded": true,
    "anchor": {
      "graded": true,
      "score": 61,
      "grade": "C",
      "agentReady": false,
      "rank": 0,
      "ranked": false,
      "notRankedWhy": "An open-weight model, graded by the open-weight checklist and ranked among open-weight models, not against tools",
      "rankOf": 1518,
      "categoryRank": 50,
      "methodology": "0.7",
      "run": "2026-10-01",
      "scores": {
        "interface": 65,
        "reach": 90,
        "risk": 60,
        "upkeep": 46
      },
      "pending": [
        "performance",
        "tasks"
      ],
      "breakdown": [
        {
          "key": "capability",
          "name": "Capability",
          "weight": 35,
          "effectiveWeight": 0,
          "pending": true,
          "points": 0,
          "reason": "Pending for this listing. Nobody independent has published results for it in at least two areas yet, so its weight is shared across the other four and the total is capped at 61 until they do or our own runs start."
        },
        {
          "key": "reach",
          "name": "Reach",
          "weight": 25,
          "effectiveWeight": 38.46,
          "score": 90,
          "points": 34.62,
          "reason": "Memory 25, the smallest build at 4 bits from a runtime's own library is Ollama's devstral-small-2 at Q4_K_M, 15 GB, and 15 GB × 1.2 = 18 GB, within 24 GB. Mistral's own FP8 files are 25.79 GB. Runtimes 25, Released vLLM 0.33.0, SGLang 0.5.23 and Transformers 5.22.2 have the mistral3 model, llama.cpp b12242 has the architecture with a GGUF from its own organisation, and Ollama's library has devstral-small-2. Builds 10, one quantised precision from Mistral, the FP8 weights it releases. Terms 15, Apache 2.0 in the card's metadata and text, an OSI licence with nothing added. Download 10, the Hub API reports gated false on 10 November 2026, so the files download with no account and nothing to accept. Hosted 5, Mistral's own API serves Devstral Small 2: the card says the model is available through its API and points there when a local runtime underperforms. 25 + 25 + 10 + 15 + 10 + 5 = 90.",
          "checked": "2026-11-10"
        },
        {
          "key": "risk",
          "name": "Risk",
          "weight": 20,
          "effectiveWeight": 30.77,
          "score": 60,
          "points": 18.46,
          "reason": "File safety 25, safetensors only, no .bin, .pt or .pth files and no Python in the repository. Provenance 15, files in Mistral's verified mistralai organisation, which Mistral's site links to per our Mistral Large 4 listing (10). Safety evaluation 0, no safety results on the card. Agent guidance 0, the card has no limitations or safety section, and nothing on prompt injection, instruction priority or what the model refuses. Licence risk 15, Apache 2.0 has no use policy, threshold or change clause. Security programme 5, mistral.ai's security.txt gives a security contact and a submission policy, as read for the Mistral Large 4 listing (5). 25 + 15 + 0 + 0 + 15 + 5 = 60.",
          "checked": "2026-11-10"
        },
        {
          "key": "interface",
          "name": "Agent interface",
          "weight": 10,
          "effectiveWeight": 15.38,
          "score": 65,
          "points": 10,
          "reason": "Chat template 20, chat_template.jinja in the repository (11,362 characters), with the tokenizer's tekken file for mistral-common. Tool-calling format 25, the card documents tools in the OpenAI function format with an example, names the mistral tool-call parser with auto tool choice for vLLM, shows the same for SGLang, and ships test prompts with the expected tool-call output. Trained tool calling 10, the card says the model excels at using tools, and its tests cover one tool call and calls made one at a time in sequence. Structured output 0, Nothing on the card about JSON or schema-constrained answers for this model. Reasoning control 0, no reasoning mode is documented, and a June 2026 commit removed stray thinking tokens from the files. Context 10, 256K tokens per the card, served at 262,144 in its vLLM command. 20 + 25 + 10 + 0 + 0 + 10 = 65.",
          "checked": "2026-11-10"
        },
        {
          "key": "upkeep",
          "name": "Documentation and upkeep",
          "weight": 10,
          "effectiveWeight": 15.38,
          "score": 46,
          "points": 7.08,
          "reason": "Model card 11, Intended use, the architecture, the parameters and the context are on the card. Training data 0, Nothing on the card about the training data. Last change 10, the last commit, on 15 July 2026, updated the files to match mistral-common, 118 days before this check and within 180. Responsiveness 10, Of the 23 most recent discussions that aren't pull requests (9 December 2025 to 6 November 2026), 11 have a reply from a mistralai member, which is some. Version policy 5, Devstral Small 1.1 stays in its own repository, which this card links as the predecessor, with no dated note on the older card that we read. File health 10, Config, template, tokenizer and card agree, and the June and July commits fixed stray tokens and brought the files in line with mistral-common. 11 + 0 + 10 + 10 + 5 + 10 = 46.",
          "checked": "2026-11-10"
        }
      ],
      "assessment": {
        "date": "2026-11-10",
        "basis": "public evidence",
        "confidence": "low",
        "notes": {
          "capability": "Pending for this listing. Independent results were found in 0 areas (none), and Capability needs 2. Its weight is shared across the other four categories and the total is capped at 61 until there are more, or our own runs start.",
          "interface": "Chat template 20, chat_template.jinja in the repository (11,362 characters), with the tokenizer's tekken file for mistral-common. Tool-calling format 25, the card documents tools in the OpenAI function format with an example, names the mistral tool-call parser with auto tool choice for vLLM, shows the same for SGLang, and ships test prompts with the expected tool-call output. Trained tool calling 10, the card says the model excels at using tools, and its tests cover one tool call and calls made one at a time in sequence. Structured output 0, Nothing on the card about JSON or schema-constrained answers for this model. Reasoning control 0, no reasoning mode is documented, and a June 2026 commit removed stray thinking tokens from the files. Context 10, 256K tokens per the card, served at 262,144 in its vLLM command. 20 + 25 + 10 + 0 + 0 + 10 = 65.",
          "reach": "Memory 25, the smallest build at 4 bits from a runtime's own library is Ollama's devstral-small-2 at Q4_K_M, 15 GB, and 15 GB × 1.2 = 18 GB, within 24 GB. Mistral's own FP8 files are 25.79 GB. Runtimes 25, Released vLLM 0.33.0, SGLang 0.5.23 and Transformers 5.22.2 have the mistral3 model, llama.cpp b12242 has the architecture with a GGUF from its own organisation, and Ollama's library has devstral-small-2. Builds 10, one quantised precision from Mistral, the FP8 weights it releases. Terms 15, Apache 2.0 in the card's metadata and text, an OSI licence with nothing added. Download 10, the Hub API reports gated false on 10 November 2026, so the files download with no account and nothing to accept. Hosted 5, Mistral's own API serves Devstral Small 2: the card says the model is available through its API and points there when a local runtime underperforms. 25 + 25 + 10 + 15 + 10 + 5 = 90.",
          "risk": "File safety 25, safetensors only, no .bin, .pt or .pth files and no Python in the repository. Provenance 15, files in Mistral's verified mistralai organisation, which Mistral's site links to per our Mistral Large 4 listing (10). Safety evaluation 0, no safety results on the card. Agent guidance 0, the card has no limitations or safety section, and nothing on prompt injection, instruction priority or what the model refuses. Licence risk 15, Apache 2.0 has no use policy, threshold or change clause. Security programme 5, mistral.ai's security.txt gives a security contact and a submission policy, as read for the Mistral Large 4 listing (5). 25 + 15 + 0 + 0 + 15 + 5 = 60.",
          "upkeep": "Model card 11, Intended use, the architecture, the parameters and the context are on the card. Training data 0, Nothing on the card about the training data. Last change 10, the last commit, on 15 July 2026, updated the files to match mistral-common, 118 days before this check and within 180. Responsiveness 10, Of the 23 most recent discussions that aren't pull requests (9 December 2025 to 6 November 2026), 11 have a reply from a mistralai member, which is some. Version policy 5, Devstral Small 1.1 stays in its own repository, which this card links as the predecessor, with no dated note on the older card that we read. File health 10, Config, template, tokenizer and card agree, and the June and July commits fixed stray tokens and brought the files in line with mistral-common. 11 + 0 + 10 + 10 + 5 + 10 = 46."
        },
        "sources": [
          {
            "what": "model card",
            "url": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512",
            "seen": "2026-11-10"
          },
          {
            "what": "gating, dates, parameter count, downloads, likes, file list and hashes",
            "url": "https://huggingface.co/api/models/mistralai/Devstral-Small-2-24B-Instruct-2512?blobs=true",
            "seen": "2026-11-10"
          },
          {
            "what": "inference providers, none mapped",
            "url": "https://huggingface.co/api/models/mistralai/Devstral-Small-2-24B-Instruct-2512?expand[]=inferenceProviderMapping",
            "seen": "2026-11-10"
          },
          {
            "what": "commit history",
            "url": "https://huggingface.co/api/models/mistralai/Devstral-Small-2-24B-Instruct-2512/commits/main",
            "seen": "2026-11-10"
          },
          {
            "what": "architecture and positions",
            "url": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512/raw/main/config.json",
            "seen": "2026-11-10"
          },
          {
            "what": "chat template",
            "url": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512/raw/main/chat_template.jinja",
            "seen": "2026-11-10"
          },
          {
            "what": "discussions, replies counted by script from authors, dates and member flags",
            "url": "https://huggingface.co/api/models/mistralai/Devstral-Small-2-24B-Instruct-2512/discussions",
            "seen": "2026-11-10"
          },
          {
            "what": "ggml-org's GGUF repository: files and sizes",
            "url": "https://huggingface.co/api/models/ggml-org/Devstral-Small-2-24B-Instruct-2512-GGUF?blobs=true",
            "seen": "2026-11-10"
          },
          {
            "what": "Ollama's library tags for devstral-small-2",
            "url": "https://ollama.com/library/devstral-small-2/tags",
            "seen": "2026-11-10"
          },
          {
            "what": "vLLM v0.33.0, mistral3.py",
            "url": "https://raw.githubusercontent.com/vllm-project/vllm/v0.33.0/vllm/model_executor/models/mistral3.py",
            "seen": "2026-11-10"
          },
          {
            "what": "SGLang v0.5.23, srt/models/mistral.py",
            "url": "https://raw.githubusercontent.com/sgl-project/sglang/v0.5.23/python/sglang/srt/models/mistral.py",
            "seen": "2026-11-10"
          },
          {
            "what": "Transformers v5.22.2 ministral3 and mistral3",
            "url": "https://github.com/huggingface/transformers/tree/v5.22.2/src/transformers/models/ministral3",
            "seen": "2026-11-10"
          },
          {
            "what": "llama.cpp b12242, the mistral3 architecture (shallow clone)",
            "url": "https://raw.githubusercontent.com/ggml-org/llama.cpp/b12242/src/llama-arch.cpp",
            "seen": "2026-11-10"
          },
          {
            "what": "our Mistral Large 4 listing, for company facts",
            "url": "https://www.anchorterminal.com/tools/mistral-large-4",
            "seen": "2026-11-10"
          }
        ],
        "openQuestions": [
          "Memory reads Ollama's own library build at Q4_K_M. Mistral's own files are FP8 at 25.79 GB, which would be the 32 GB band",
          "It's linked to the Mistral API listing with sameModel. That listing covers all of Mistral's models, and its model list wasn't re-read for Devstral Small 2",
          "Trained tool calling is 10 on the card's tests. The template can render several calls, and Mistral's own agent may use them",
          "Devstral 2, the 123B model released with it, isn't listed",
          "Capability is pending because no independent results were looked up on the day",
          "unchecked on 10 November: the two system prompt files, the test prompts' text, LM Studio's catalogue page, and Mistral's API model list"
        ]
      },
      "negative": 0,
      "verdict": "The easy one to run: a 24B coding agent under Apache 2.0 that five runtimes carry, 15 GB at 4 bits in Ollama, with a 256K context, image input and well-documented tool calling. It's eleven months old, calls tools one at a time, has no reasoning mode, and its card says nothing on limits, safety or data.",
      "bestFor": "Developers who want a dependable local coding agent on one consumer GPU or a 32 GB Mac",
      "strengths": [
        "Runs in vLLM, SGLang, Transformers, llama.cpp and Ollama",
        "15 GB at 4 bits from Ollama's library",
        "Apache 2.0, ungated, and on Mistral's API",
        "Tool calling documented, with test prompts and expected output",
        "A 256K context with image input"
      ],
      "weaknesses": [
        "No limitations, safety results, languages or data on the card",
        "No reasoning mode",
        "Tool calls one at a time, by the card's own tests",
        "Released in December 2025, and newer coding models have passed it",
        "Mistral ships FP8 only. The 4-bit builds are other people's"
      ],
      "agentNotes": [
        "`ollama run devstral-small-2` is the quickest start, at 15 GB",
        "On vLLM pass `--tool-call-parser mistral --enable-auto-tool-choice`",
        "Send the system prompt from CHAT_SYSTEM_PROMPT.txt in the repository. The card says results depend on it",
        "Use a low temperature. The repository's default is 0.15",
        "Plan for one tool call per turn",
        "The same model is on our Mistral API listing if you'd rather not host it"
      ],
      "metrics": {
        "kind": "local",
        "measured": false
      },
      "reviewCount": 0,
      "avgRating": 0,
      "history": [
        {
          "basis": "public evidence",
          "confidence": "low",
          "grade": "C",
          "methodology": "0.7",
          "pending": [
            "performance",
            "tasks"
          ],
          "run": "2026-10-01",
          "runLabel": "October 2026 research run",
          "score": 61
        }
      ],
      "editorialScores": {
        "interface": 65,
        "reach": 90,
        "risk": 60,
        "upkeep": 46
      },
      "provenanceScore": 84,
      "checked": {
        "categories": {
          "interface": "2026-11-10",
          "reach": "2026-11-10",
          "risk": "2026-11-10",
          "upkeep": "2026-11-10"
        },
        "last": "2026-11-10",
        "oldest": "2026-11-10",
        "stale": false,
        "staleAfterDays": 90
      },
      "scoreHistory": [
        {
          "date": "2026-11-10",
          "grade": "C",
          "kind": "listed",
          "method": "0.7",
          "score": 61
        }
      ]
    },
    "connect": {
      "install": "ollama run devstral-small-2\n# or: vllm serve mistralai/Devstral-Small-2-24B-Instruct-2512 --max-model-len 262144 --tool-call-parser mistral --enable-auto-tool-choice",
      "http": "# vLLM serves an OpenAI-compatible API at http://localhost:8000/v1, and Ollama at http://localhost:11434/v1.\n# Send the system prompt from CHAT_SYSTEM_PROMPT.txt and tools in the OpenAI function format"
    },
    "letme": {
      "capability": "https://letme.dev/model.open-weights",
      "tool": "https://letme.dev/devstral-small-2"
    },
    "sameCompany": [
      "mistral-embeddings",
      "mistral-moderation",
      "mistral-voxtral-transcribe",
      "voxtral-mini-4b-realtime-2602",
      "mistral-ocr",
      "mistral-vibe-cli",
      "mistral-large-4"
    ],
    "sameModel": [
      "mistral-api"
    ],
    "weights": {
      "trainedBy": "Mistral AI",
      "builtOn": "Mistral-Small-3.1-24B-Base-2503, per the metadata",
      "params": "24B",
      "context": 262144,
      "goodFor": "A coding agent on one 24 GB GPU or a 32 GB Mac: exploring a repository, editing files and calling tools, with screenshots and diagrams as input.",
      "runtimes": [
        "llama.cpp",
        "Ollama",
        "vLLM",
        "SGLang",
        "Transformers"
      ],
      "builds": [
        {
          "name": "Ollama devstral-small-2 (Q4_K_M)",
          "url": "https://ollama.com/library/devstral-small-2",
          "who": "ollama",
          "precision": "q4_k_m",
          "sizeGB": 15,
          "memoryGB": 24,
          "format": "ollama",
          "runsOn": [
            "Ollama"
          ],
          "note": "From Ollama's own library, 15 GB as its tags page lists it"
        },
        {
          "name": "Devstral-Small-2-24B-Instruct-2512 (FP8 safetensors)",
          "url": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512",
          "who": "publisher",
          "precision": "fp8",
          "sizeGB": 25.79,
          "memoryGB": 32,
          "format": "safetensors",
          "runsOn": [
            "vLLM",
            "SGLang",
            "Transformers"
          ],
          "note": "Mistral's release precision. The repository holds it in two layouts"
        },
        {
          "name": "ggml-org Devstral-Small-2-24B-Instruct-2512-GGUF (Q8_0)",
          "url": "https://huggingface.co/ggml-org/Devstral-Small-2-24B-Instruct-2512-GGUF",
          "who": "llama.cpp",
          "precision": "q8_0",
          "sizeGB": 25.94,
          "memoryGB": 32,
          "format": "gguf",
          "runsOn": [
            "llama.cpp"
          ],
          "note": "From ggml-org, the llama.cpp project's organisation. 25.06 GB of Q8_0 weights plus the 0.88 GB F16 projector, from the Hub's model information on 10 November 2026"
        },
        {
          "name": "Ollama devstral-small-2 (Q8_0)",
          "url": "https://ollama.com/library/devstral-small-2",
          "who": "ollama",
          "precision": "q8_0",
          "sizeGB": 26,
          "memoryGB": 32,
          "format": "ollama",
          "runsOn": [
            "Ollama"
          ],
          "note": "From Ollama's own library, 26 GB as its tags page lists it"
        }
      ],
      "run": "ollama run devstral-small-2",
      "runBuild": "Ollama devstral-small-2 (Q4_K_M)",
      "checked": "2026-11-10",
      "minMemoryGB": 24
    },
    "family": {
      "lab": "Mistral AI",
      "family": "Devstral",
      "url": "https://www.anchorterminal.com/open-weights/#mistral",
      "olderCount": 49
    },
    "notable": [
      "36,514 downloads in the last 30 days and 714 likes on Hugging Face on 10 November 2026, eleven months after release. Ollama's library entry shows 2.7 million downloads (https://huggingface.co/api/models/mistralai/Devstral-Small-2-24B-Instruct-2512)",
      "Mistral releases the weights in FP8, in two layouts in the same repository: one for mistral-common and vLLM, one for Transformers (https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512/tree/main)",
      "The card reports 68.0 per cent on SWE-bench Verified and 22.5 per cent on Terminal Bench 2, against 72.2 and 32.6 for the 123B Devstral 2. These are Mistral's numbers (https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512)",
      "The repository ships the system prompts Mistral uses, one for chat and one for its Vibe coding agent, and a set of test prompts with expected output for checking a runtime's implementation (https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512/tree/main)",
      "The card says a single RTX 4090 or a Mac with 32 GB of memory runs it (https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512)",
      "A Mistral member replied in 11 of the 23 most recent discussions (https://huggingface.co/api/models/mistralai/Devstral-Small-2-24B-Instruct-2512/discussions)"
    ],
    "area": "models",
    "details": [
      {
        "label": "Surface graded",
        "value": "The open weights at huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512, read from the model card, the files and their metadata, the config, the chat template, the commit history, ggml-org's GGUF repository, Ollama's library tags and the runtimes' own code at their latest releases on 10 November 2026. Mistral's company facts come from our Mistral Large 4 listing. The two system prompt files, the test prompts and LM Studio's catalogue page weren't read. Nothing was downloaded or run"
      },
      {
        "label": "Model",
        "value": "24,011,361,280 parameters in the files. A dense 40-layer model on the architecture of Ministral 3, with a Pixtral vision encoder for image input, fine-tuned from Mistral-Small-3.1-24B-Base for agentic coding. Mistral3ForConditionalGeneration"
      },
      {
        "label": "Files",
        "value": "Safetensors in FP8, twice over: a consolidated set for mistral-common and vLLM and a model set for Transformers, 25.79 GB each. chat_template.jinja, config, tokenizer and tekken files, params.json and two system prompt files. No pickle files and no Python. Hugging Face lists a SHA-256 for the large files"
      },
      {
        "label": "Licence",
        "value": "Apache 2.0, in the card's metadata and its text, which says commercial and non-commercial use are both allowed"
      },
      {
        "label": "Runtimes",
        "value": "The card documents vLLM (recommended), SGLang and Transformers, and links llama.cpp, LM Studio and Ollama. Released vLLM 0.33.0, SGLang 0.5.23, Transformers 5.22.2 and llama.cpp b12242 carry the mistral3 architecture, ggml-org publishes a GGUF, and Ollama's library has devstral-small-2"
      },
      {
        "label": "Context",
        "value": "256K tokens per the card, and its vLLM command serves 262,144. config.json gives 393,216 positions, and Ollama's library lists 384K"
      },
      {
        "label": "Tools and reasoning",
        "value": "Tools in the OpenAI function format, with the mistral tool-call parser and auto tool choice on vLLM. The card's test prompts check one tool call and tool calls made one after another. No reasoning mode: a June commit removed stray thinking tokens"
      },
      {
        "label": "Hardware",
        "value": "A single RTX 4090 or a Mac with 32 GB of memory, per the card. Its vLLM command uses two GPUs for the full context"
      },
      {
        "label": "Recommended settings",
        "value": "generation_config.json sets temperature 0.15. The card says to use the system prompt in CHAT_SYSTEM_PROMPT.txt, or VIBE_SYSTEM_PROMPT.txt with Mistral's Vibe agent"
      },
      {
        "label": "Training data",
        "value": "Not described on the card"
      }
    ],
    "provenance": {
      "legalEntity": "Mistral AI (RCS Paris 952 418 325)",
      "domain": "mistral.ai",
      "domainRegistered": "2019-05-15",
      "endpointOnVendorDomain": null,
      "terms": "",
      "privacy": "",
      "statusPage": "",
      "changelog": "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512/commits/main",
      "securityTxt": "valid",
      "checked": "2026-11-10",
      "notes": [
        "The files sit in Mistral's verified mistralai organisation. Legal entity, domain and security.txt are carried from our Mistral Large 4 listing.",
        "Nothing is hosted under this listing, so Apache 2.0 stands in for terms of service and no privacy policy is scored. The Mistral API that serves this model has its own listing.",
        "The changelog is the commit history, 25 commits from 9 December 2025 to 15 July 2026."
      ],
      "score": 84,
      "checks": [
        {
          "check": "Legal entity named",
          "value": "Mistral AI (RCS Paris 952 418 325)",
          "points": 20,
          "max": 20,
          "state": "ok"
        },
        {
          "check": "Domain age",
          "value": "mistral.ai, registered 2019-05-15 (7 years)",
          "points": 11,
          "max": 15,
          "state": "part"
        },
        {
          "check": "Endpoint on the vendor's domain",
          "value": "no hosted endpoint",
          "points": 0,
          "max": 0,
          "state": "na"
        },
        {
          "check": "Terms of service",
          "value": "nothing hosted, so the Apache-2.0 licence stands in",
          "points": 10,
          "max": 10,
          "state": "ok"
        },
        {
          "check": "Privacy policy",
          "value": "nothing hosted, not scored",
          "points": 0,
          "max": 0,
          "state": "na"
        },
        {
          "check": "Status page",
          "value": "not found",
          "points": 0,
          "max": 10,
          "state": "no"
        },
        {
          "check": "Changelog",
          "value": "published",
          "points": 10,
          "max": 10,
          "state": "ok"
        },
        {
          "check": "security.txt",
          "value": "valid",
          "points": 10,
          "max": 10,
          "state": "ok"
        },
        {
          "check": "People named",
          "value": "3 named with their role, 3 with a public profile",
          "points": 10,
          "max": 10,
          "state": "ok"
        },
        {
          "check": "Support route",
          "value": "help pages, a community",
          "points": 5,
          "max": 5,
          "state": "ok"
        }
      ]
    },
    "humans": {
      "slug": "devstral-small-2",
      "checked": "2026-11-10",
      "company": "Mistral AI",
      "people": [
        {
          "name": "Arthur Mensch",
          "role": "Co-founder and CEO",
          "founder": true,
          "linkedin": "https://www.linkedin.com/in/arthur-mensch/",
          "photo": "/assets/img/people/mistral-ai-arthur-mensch.webp",
          "photoSource": "https://mistral.ai/about/",
          "bio": "Arthur Mensch is co-founder and CEO of Mistral AI, which he set up in April 2023 with Guillaume Lample and Timothée Lacroix, whom he met at École polytechnique. He previously worked at Google DeepMind. Time included him in its 2024 list of the 100 most influential people in AI.",
          "bioSources": [
            "https://mistral.ai/about/",
            "https://en.wikipedia.org/wiki/Mistral_AI",
            "https://en.wikipedia.org/wiki/Arthur_Mensch"
          ],
          "page": "/people/arthur-mensch/"
        },
        {
          "name": "Guillaume Lample",
          "role": "Co-founder and Chief Science Officer",
          "founder": true,
          "linkedin": "https://www.linkedin.com/in/guillaume-lample-7821095b/",
          "photo": "/assets/img/people/mistral-ai-guillaume-lample.webp",
          "photoSource": "https://mistral.ai/about/",
          "bio": "Guillaume Lample is co-founder and Chief Science Officer of Mistral AI, which he set up in April 2023 with Arthur Mensch and Timothée Lacroix. Before Mistral he worked on large-scale AI models at Meta. The three founders met while studying at École polytechnique.",
          "bioSources": [
            "https://mistral.ai/about/",
            "https://en.wikipedia.org/wiki/Mistral_AI"
          ],
          "page": "/people/guillaume-lample/"
        },
        {
          "name": "Timothee Lacroix",
          "role": "Co-founder and CTO",
          "founder": true,
          "linkedin": "https://www.linkedin.com/in/timothee-lacroix-59517977/",
          "photo": "/assets/img/people/mistral-ai-timothee-lacroix.webp",
          "photoSource": "https://mistral.ai/about/",
          "bio": "Timothée Lacroix is co-founder and CTO of Mistral AI, which he set up in April 2023 with Arthur Mensch and Guillaume Lample. Before Mistral he worked on large-scale AI models at Meta. The three founders met while studying at École polytechnique.",
          "bioSources": [
            "https://mistral.ai/about/",
            "https://en.wikipedia.org/wiki/Mistral_AI"
          ],
          "page": "/people/timothee-lacroix/"
        }
      ],
      "peopleNote": "The three founders and their roles are carried from data/humans/mistral-api.json (checked 28 October 2026, from mistral.ai/about). Mistral's announcement and model card for Large 4 are signed by Mistral and name no product leads; the Hugging Face repositories' commits are by Mistral staff accounts, which aren't listed here as roles. ownership and investors are left out so land.py carries them over from the mistral-api humans file (checked 28 October 2026: private, Series D of 3 billion euros at more than 21 billion euros post-money in September 2026); nothing newer was looked for two days later.",
      "companySocial": {
        "linkedin": "https://www.linkedin.com/company/mistralai/",
        "x": "https://x.com/mistralai",
        "github": "https://github.com/mistralai"
      },
      "support": {
        "urls": [
          "https://help.mistral.ai/en/articles/347458-how-do-i-contact-support",
          "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512/discussions"
        ],
        "community": [
          {
            "label": "Discord",
            "url": "https://discord.gg/mistralai",
            "kind": "discord"
          },
          {
            "label": "Reddit",
            "url": "https://www.reddit.com/r/MistralAI/",
            "kind": "reddit"
          }
        ]
      },
      "sources": [
        "https://mistral.ai/about/",
        "https://www.linkedin.com/in/arthur-mensch/",
        "https://www.linkedin.com/in/guillaume-lample-7821095b/",
        "https://www.linkedin.com/in/timothee-lacroix-59517977/",
        "https://mistral.ai/",
        "https://help.mistral.ai/en/articles/347458-how-do-i-contact-support",
        "https://huggingface.co/mistralai/Devstral-Small-2-24B-Instruct-2512",
        "https://mistral.ai/news/mistral-large-4-oss/"
      ],
      "ownership": {
        "status": "private",
        "valuation": {
          "amount": "more than €21B",
          "basis": "post-money",
          "round": "Series D",
          "asOf": "2026-09",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/"
        },
        "checked": "2026-10-28",
        "sources": [
          "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "https://www.orrick.com/en/News/2026/09/Orrick-Advises-Mistral-in-its-3B-Series-D-at-21B-Post-Money-Valuation",
          "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "https://www.lw.com/en/news/2023/12/latham-advises-a16z-on-mistral-ai-series-a-funding-round",
          "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "https://mistral.ai/about"
        ]
      },
      "investors": [
        {
          "name": "Lightspeed Venture Partners",
          "kind": "vc",
          "rounds": [
            "Seed, June 2023"
          ],
          "lead": true,
          "url": "https://lsvp.com",
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/lightspeed-venture-partners/"
        },
        {
          "name": "JCDecaux Holding",
          "kind": "corporate",
          "rounds": [
            "Seed, June 2023"
          ],
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/jcdecaux-holding/"
        },
        {
          "name": "Exor Ventures",
          "firm": "Exor",
          "kind": "corporate",
          "rounds": [
            "Seed, June 2023"
          ],
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/exor/"
        },
        {
          "name": "Sofina",
          "kind": "vc",
          "rounds": [
            "Seed, June 2023"
          ],
          "url": "https://www.sofinagroup.com",
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/sofina/"
        },
        {
          "name": "Eric Schmidt",
          "kind": "angel",
          "rounds": [
            "Seed, June 2023"
          ],
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/eric-schmidt/"
        },
        {
          "name": "Xavier Niel",
          "kind": "angel",
          "rounds": [
            "Seed, June 2023"
          ],
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/xavier-niel/"
        },
        {
          "name": "Rodolphe Saadé",
          "kind": "angel",
          "rounds": [
            "Seed, June 2023"
          ],
          "source": "https://tech.eu/2023/06/14/fantastique-french-start-up-mistral-ai-raises-a-105-million-seed-round-in-its-first-month-of-existence",
          "quote": "The round was led by Lightspeed Venture Partners and includes JCDecaux Holding, Italy's Exor Ventures, Belgium's Sofina, former Google CEO Eric Schmidt, Xavier Niel and Rodolphe Saade.",
          "page": "/investors/rodolphe-saade/"
        },
        {
          "name": "a16z",
          "firm": "Andreessen Horowitz",
          "kind": "vc",
          "rounds": [
            "Series A, December 2023"
          ],
          "lead": true,
          "url": "https://a16z.com",
          "source": "https://www.lw.com/en/news/2023/12/latham-advises-a16z-on-mistral-ai-series-a-funding-round",
          "quote": "The round was led by a16z, with participation from General Catalyst and Lightspeed Venture Partners.",
          "page": "/investors/andreessen-horowitz/"
        },
        {
          "name": "General Catalyst",
          "kind": "vc",
          "rounds": [
            "Series A, December 2023"
          ],
          "url": "https://www.generalcatalyst.com",
          "source": "https://www.lw.com/en/news/2023/12/latham-advises-a16z-on-mistral-ai-series-a-funding-round",
          "quote": "The round was led by a16z, with participation from General Catalyst and Lightspeed Venture Partners.",
          "page": "/investors/general-catalyst/"
        },
        {
          "name": "Lightspeed Venture Partners",
          "kind": "vc",
          "rounds": [
            "Series A, December 2023"
          ],
          "url": "https://lsvp.com",
          "source": "https://www.lw.com/en/news/2023/12/latham-advises-a16z-on-mistral-ai-series-a-funding-round",
          "quote": "The round was led by a16z, with participation from General Catalyst and Lightspeed Venture Partners.",
          "page": "/investors/lightspeed-venture-partners/"
        },
        {
          "name": "General Catalyst",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "lead": true,
          "url": "https://www.generalcatalyst.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "General Catalyst led the round. ... The long, long list of investors includes Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, and Salesforce Ventures.",
          "page": "/investors/general-catalyst/"
        },
        {
          "name": "Lightspeed Venture Partners",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://lsvp.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "General Catalyst led the round. ... The long, long list of investors includes Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, and Salesforce Ventures.",
          "page": "/investors/lightspeed-venture-partners/"
        },
        {
          "name": "Andreessen Horowitz",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://a16z.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "General Catalyst led the round. ... The long, long list of investors includes Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, and Salesforce Ventures.",
          "page": "/investors/andreessen-horowitz/"
        },
        {
          "name": "Nvidia",
          "firm": "NVIDIA",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.nvidia.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "General Catalyst led the round. ... The long, long list of investors includes Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, and Salesforce Ventures.",
          "page": "/investors/nvidia/"
        },
        {
          "name": "Samsung Venture Investment Corporation",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "General Catalyst led the round. ... The long, long list of investors includes Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, and Salesforce Ventures.",
          "page": "/investors/samsung-venture-investment-corporation/"
        },
        {
          "name": "Salesforce Ventures",
          "firm": "Salesforce",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.salesforceventures.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "General Catalyst led the round. ... The long, long list of investors includes Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, and Salesforce Ventures.",
          "page": "/investors/salesforce/"
        },
        {
          "name": "Belfius",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.belfius.be",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/belfius/"
        },
        {
          "name": "Bertelsmann Investment",
          "firm": "Bertelsmann",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/bertelsmann/"
        },
        {
          "name": "BNP Paribas",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://group.bnpparibas",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/bnp-paribas/"
        },
        {
          "name": "Bpifrance",
          "kind": "other",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.bpifrance.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/bpifrance/"
        },
        {
          "name": "Cisco",
          "firm": "Cisco Investments",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.cisco.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/cisco-investments/"
        },
        {
          "name": "Eurazeo",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.eurazeo.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/eurazeo/"
        },
        {
          "name": "Headline",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://headline.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/headline/"
        },
        {
          "name": "Hanwha Asset Management",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/hanwha-asset-management/"
        },
        {
          "name": "IBM",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.ibm.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/ibm/"
        },
        {
          "name": "Korelya Capital",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/korelya-capital/"
        },
        {
          "name": "Latitude",
          "firm": "Latitude Capital",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/latitude-capital/"
        },
        {
          "name": "Millennium New Horizons",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/millennium-new-horizons/"
        },
        {
          "name": "Sanabil Investments",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/sanabil-investments/"
        },
        {
          "name": "ServiceNow",
          "kind": "corporate",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://www.servicenow.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/servicenow/"
        },
        {
          "name": "SV Angel",
          "kind": "vc",
          "rounds": [
            "Series B, June 2024"
          ],
          "url": "https://svangel.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Other investors include Belfius, Bertelsmann Investment, BNP Paribas, Bpifrance (through its Digital Venture fund), Cisco, Eurazeo, Headline, Hanwha Asset Management's venture fund, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow and SV Angel.",
          "page": "/investors/sv-angel/"
        },
        {
          "name": "Microsoft",
          "kind": "corporate",
          "url": "https://www.microsoft.com",
          "source": "https://techcrunch.com/2024/06/11/paris-based-ai-startup-mistral-ai-raises-640-million/",
          "quote": "Microsoft is also a minor shareholder in Mistral AI.",
          "page": "/investors/microsoft/"
        },
        {
          "name": "ASML",
          "firm": "ASML Holding",
          "kind": "corporate",
          "rounds": [
            "Series C, September 2025"
          ],
          "lead": true,
          "url": "https://www.asml.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML).",
          "page": "/investors/asml-holding/"
        },
        {
          "name": "DST Global",
          "kind": "vc",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://dst.global",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/dst-global/"
        },
        {
          "name": "Andreessen Horowitz",
          "kind": "vc",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://a16z.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/andreessen-horowitz/"
        },
        {
          "name": "Bpifrance",
          "kind": "other",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://www.bpifrance.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/bpifrance/"
        },
        {
          "name": "General Catalyst",
          "kind": "vc",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://www.generalcatalyst.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/general-catalyst/"
        },
        {
          "name": "Index Ventures",
          "kind": "vc",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://www.indexventures.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/index-ventures/"
        },
        {
          "name": "Lightspeed",
          "firm": "Lightspeed Venture Partners",
          "kind": "vc",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://lsvp.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/lightspeed-venture-partners/"
        },
        {
          "name": "NVIDIA",
          "kind": "corporate",
          "rounds": [
            "Series C, September 2025"
          ],
          "url": "https://www.nvidia.com",
          "source": "https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerate-technological-progress-with-ai/",
          "quote": "It includes participation from existing investors: DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA.",
          "page": "/investors/nvidia/"
        },
        {
          "name": "Samsung Electronics",
          "kind": "corporate",
          "rounds": [
            "Series D, September 2026"
          ],
          "lead": true,
          "url": "https://www.samsung.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity.",
          "page": "/investors/samsung-electronics/"
        },
        {
          "name": "Scaleup Europe Fund",
          "firm": "EQT",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "lead": true,
          "url": "https://eqtgroup.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity.",
          "page": "/investors/eqt/"
        },
        {
          "name": "PSG Equity",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "lead": true,
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity.",
          "page": "/investors/psg-equity/"
        },
        {
          "name": "Advent",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Advent, funds and accounts managed by BlackRock as well as the Grand Duchy of Luxembourg joined the round as new investors.",
          "page": "/investors/advent/"
        },
        {
          "name": "BlackRock",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.blackrock.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Advent, funds and accounts managed by BlackRock as well as the Grand Duchy of Luxembourg joined the round as new investors.",
          "page": "/investors/blackrock/"
        },
        {
          "name": "Grand Duchy of Luxembourg",
          "kind": "other",
          "rounds": [
            "Series D, September 2026"
          ],
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Advent, funds and accounts managed by BlackRock as well as the Grand Duchy of Luxembourg joined the round as new investors.",
          "page": "/investors/grand-duchy-of-luxembourg/"
        },
        {
          "name": "a16z",
          "firm": "Andreessen Horowitz",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://a16z.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/andreessen-horowitz/"
        },
        {
          "name": "ASML",
          "firm": "ASML Holding",
          "kind": "corporate",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.asml.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/asml-holding/"
        },
        {
          "name": "Belfius",
          "kind": "corporate",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.belfius.be",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/belfius/"
        },
        {
          "name": "BNP Paribas CIB",
          "firm": "BNP Paribas",
          "kind": "corporate",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://group.bnpparibas",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/bnp-paribas/"
        },
        {
          "name": "Bpifrance",
          "kind": "other",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.bpifrance.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/bpifrance/"
        },
        {
          "name": "Carmignac",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/carmignac/"
        },
        {
          "name": "DST Global",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://dst.global",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/dst-global/"
        },
        {
          "name": "Eurazeo",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.eurazeo.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/eurazeo/"
        },
        {
          "name": "General Catalyst",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.generalcatalyst.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors a16z, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac, DST Global, Eurazeo, General Catalyst ... participated in the round.",
          "page": "/investors/general-catalyst/"
        },
        {
          "name": "Headline",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://headline.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/headline/"
        },
        {
          "name": "Hillspire",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/hillspire/"
        },
        {
          "name": "Index Ventures",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.indexventures.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/index-ventures/"
        },
        {
          "name": "Korelya Capital",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/korelya-capital/"
        },
        {
          "name": "Lightspeed",
          "firm": "Lightspeed Venture Partners",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://lsvp.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/lightspeed-venture-partners/"
        },
        {
          "name": "NVIDIA",
          "kind": "corporate",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.nvidia.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/nvidia/"
        },
        {
          "name": "Phoenix Court's Solar fund",
          "firm": "Phoenix Court",
          "kind": "vc",
          "rounds": [
            "Series D, September 2026"
          ],
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/phoenix-court/"
        },
        {
          "name": "Salesforce Ventures",
          "firm": "Salesforce",
          "kind": "corporate",
          "rounds": [
            "Series D, September 2026"
          ],
          "url": "https://www.salesforceventures.com",
          "source": "https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/",
          "quote": "Existing investors ... Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, NVIDIA, Phoenix Court's Solar fund (home to LocalGlobe, Latitude and Solar) and Salesforce Ventures participated in the round.",
          "page": "/investors/salesforce/"
        }
      ]
    },
    "pageJsonUrl": "https://www.anchorterminal.com/tools/devstral-small-2.json"
  }
}