Series A activity: Week of December 11, 2023
Here's data on the Series A deals done in the last week
Highlights
Mistral AI’s $400M+ round announced last week was classified as a Series A, which certainly stretches the definition of “Series A” in terms of size. What isn’t clear is how the category relates to the progress of Mistral as a business.
We’ve also added a new line in the summary stats for “Total raised” during the week. Companies raised $874M last week, with 48% raised by a single company, Mistral AI.
Announced deal volume was 27% higher than last week.
Series A Deals
Summary Stats
Data for Series A deals done worldwide (ex-China) where amount raised is greater than $5M and the company is not focused on therapeutics.