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  "markdown": "Venture firm.\n\n## Companies on Anchor Terminal\n\n- **Mistral AI**, Series D, September 2026, valued at more than €21B post-money, Series D, September 2026\n  - [Mistral AI API](https://www.anchorterminal.com/tools/mistral-api.md), graded BB, 71.2/100\n  - [Mistral Embed and Codestral Embed](https://www.anchorterminal.com/tools/mistral-embeddings.md), graded C, 58/100\n  - [Mistral Moderation API](https://www.anchorterminal.com/tools/mistral-moderation.md), graded C, 58.4/100\n  - [Mistral OCR API](https://www.anchorterminal.com/tools/mistral-ocr.md), graded C, 58.8/100\n  - [Mistral Vibe CLI](https://www.anchorterminal.com/tools/mistral-vibe-cli.md), graded B, 63/100\n  - [Mistral Voxtral Transcribe](https://www.anchorterminal.com/tools/mistral-voxtral-transcribe.md), graded B, 64.2/100\n  - [Voxtral Mini 4B Realtime 2602](https://www.anchorterminal.com/tools/voxtral-mini-4b-realtime-2602.md), graded C, 60.3/100\n  - Source: https://mistral.ai/news/mistral-makes-sovereign-open-weight-ai-to-frontier/\n\n## Where they invest\n\n- Speech-to-text, 2\n- Model APIs \u0026 inference, 1\n- Embeddings \u0026 rerankers, 1\n- Guardrails \u0026 safety filters, 1\n- Document parsing \u0026 extraction, 1\n- Agent harnesses, 1\n\n## Founders they backed\n\n- [Arthur Mensch](https://www.anchorterminal.com/people/arthur-mensch/), Mistral AI\n- [Guillaume Lample](https://www.anchorterminal.com/people/guillaume-lample/), Mistral AI\n- [Timothee Lacroix](https://www.anchorterminal.com/people/timothee-lacroix/), Mistral AI\n\n## Questions\n\n### Which AI tools has Hillspire invested in?\n\nAnchor Terminal lists Mistral AI backed by Hillspire.\n\n### How are Hillspire's companies graded?\n\nOn Anchor Terminal's benchmark, Mistral AI API (BB, 71.2), Mistral Embed and Codestral Embed (C, 58), Mistral Moderation API (C, 58.4), Mistral OCR API (C, 58.8), Mistral Vibe CLI (B, 63), Mistral Voxtral Transcribe (B, 64.2) and Voxtral Mini 4B Realtime 2602 (C, 60.3).\n\nInvestors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.\n",
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