On February 15, 2024, Armilla AI announced it raising of $4.5 million in a seed funding round led my Mistral Venture Partners. This round also saw participation from MS&AD Ventures, SixThirty Ventures, Morgan Creek Digital and Y Combinator, Greenlight Re and Chaucer.
Mistral Venture Partners is a seed-stage venture capital firm that focuses on investing in early-stage technology companies.
Armilla AI operates as an assurance platform.
Osler, Hoskin & Harcourt LLP advised Mistral Venture Partners with a team consisting of Justin Dharamdial, Andrew Irwin, and Alexander Green (Emerging and High Growth Companies).