Mitra-v2 is a new tabular base model trained on synthetic data, with 77 million parameters. The model uses a small 2D Transformer architecture, enabling support for longer contexts and a larger feature space. In the TabArena and TALENT benchmarks, its performance surpassed TabPFN-3 and it performed leading in multi-class classification tasks. Although pre-training involves only up to ten classes, Mitra-v2 achieved comparable frontier performance with a parameter size that is only 5% of TabFM’s 1.6B. The research team has released the model weights, inference, and fine-tuning code, and made it open source under the Apache-2.0 license.