Today marks a major step for Mistral: we’re announcing a €3B Series D, the largest equity round ever raised by a European tech company, just three years after launch.

Today we're coming out of stealth with a $10.75M seed co-led by @generalcatalyst and @a16z with support from @mainobjectvc , @xyz_vc , and @upfrontvc. Global internet data moves the same way it did 30 years ago. 95% of intercontinental data runs through subsea cables that take a decade to build and get severed with zero consequence - the Red Sea, the Baltic, Taiwan, over and over. @EndeavorSpace moves terrestrial data across oceans. A beam up to a satellite, a beam back to Earth. Nothing on the seabed. The world has changed, we are building the infrastructure to keep up. We're hiring.

Congratulations to the @arrakistech team on today’s launch, $38m to bring AI into the physical economy. Proud to be onboard @mainobjectvc