Mistral
also invests · investor profileOttawa, CA · 11 known investors
Find your way into Mistral
2,580 people in our graph share verified history with the Mistral team — schools, employers, funds. One of them is your warm intro.
Tobi Cokerunlockedknows Code Cubitt · together at Kauffman Fellows (overlapped)
knows the team · via Y Combinator
×6knows the team · via Kauffman Fellows
knows the team · via UC Berkeley
knows the team · via University of California, Berkeley, Haas School of Business
knows the team · via University of Maryland - Robert H. Smith School of Business
Mistral is a venture capital firm that invests in early-stage startups, providing funding and support to founders across North America. The firm is founded by experienced entrepreneurs and investors who prioritize close partnership and active engagement with portfolio companies.
Founders & leadership
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Code CubittinManaging DirectorCode Cubitt is a Managing Director at Mistral, a venture capital firm investing in early-stage enterprise software companies. He previously served as COO of Zephyr Technology, which was acquired by Covidien in 2014, and held investment roles at Motorola Ventures and Gabriel Venture Partners; earlier in his career, he worked as an electrical engineer at IBM designing mainframe and high-frequency circuits.
PS
Pablo SrugoinPartnerPablo Srugo founded an early-stage startup in his early twenties and subsequently worked toward but did not complete a Series A funding round. He is now a Partner at Mistral, a venture capital firm investing in seed and pre-seed stage companies in the US and Canada, and hosts The Product Market Fit Show, a podcast featuring founders discussing their early-stage growth.
RB
Raif BarbarosinPartnerRaif Barbaros is a partner at Mistral Venture Partners, a Canadian VC firm investing in early-stage companies. Previously, he held CTO and founding roles at multiple venture-backed companies including Nuula (fintech), Influitive (B2B SaaS), and Loblaw Digital (e-commerce), along with earlier experience as a consultant at Deloitte and an investor at O'Reilly AlphaTech Ventures; he holds an MBA from UC Berkeley and degrees in Computer Science and Mathematics from Queen's University.
BZ
Investors · 11
SheBootOttawa · $300K
Andreessen HorowitzreportedMenlo Park · $500K – $50M
BlackRockreportedWilmington
EQTreportedNew York
NVIDIAreportedSanta Clara
PSG Equityreported · 2 sourcesBoston
Salesforce VenturesreportedSan Francisco · $5M – $50M
Also in the syndicate · 4
AdventEQT-managed Scaleup Europe FundleadSamsungleadSamsung Electronicslead
Funding
SEC filings, press & company announcements- Undisclosed amountSeries DSep 2026 · 3 sources
EQT-managed Scaleup Europe Fund (lead), PSG Equity (lead), Samsung (lead), Samsung Electronics (lead), a16z, Advent, BlackRock, Nvidia, Salesforce Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Mistral raises €3Bmistral.ai · Sep 2026
Mistral AI raises record €3 billion in Samsung-led funding roundfinance.yahoo.com · Sep 2026
Mistral Raises $3.5 Billion for AI Research in Record EU Funding Round | PYMNTS.compymnts.com · Sep 2026
French AI startup Mistral valued at over €21 billion after latest funding - France 24france24.com · Sep 2026
Mistral raises €3B as sovereign AI becomes big business | TechCrunchtechcrunch.com · Sep 2026Frequently asked questions
- What does Mistral do?
- Mistral is a venture capital firm that invests in early-stage startups, providing funding and support to founders across North America. The firm is founded by experienced entrepreneurs and investors who prioritize close partnership and active engagement with portfolio companies.
- Who founded Mistral?
- Mistral was founded by Code Cubitt.
- Who are Mistral's investors?
- Mistral's investors include SheBoot, Andreessen Horowitz, BlackRock, EQT, NVIDIA, PSG Equity, Salesforce Ventures.
- Where is Mistral headquartered?
- Mistral is headquartered in Ottawa, CA.