News/Vendors in the news/Cohere
Cohere news
1 Cohere story since October 2026. Newest first; every headline links to its source.
- 1 story
- Oct 31, 2026 latest
Cohere in the press
October 2026
Cohere Targets CAD $7 Billion Series E at a CAD $35.7 Billion Valuation, With Canada Taking a Stake (opens in a new tab)
Cohere, the Toronto company behind the North agentic AI platform for regulated industries and governments, announced the initial close of a Series E round targeting up to CAD $7 billion, which would value it at CAD $35.7 billion. Germany's Schwarz Group leads, with Bell Ventures, Bullhound Capital, NVIDIA, Inovia Capital, Prosperity7 Ventures and the Government of Canada, which committed up to CAD $1.6 billion in staged equity. Cohere says ARR grew 165% year over year through Q3 2026 and its customer base grew 20x to 300 in the past year, including RBC, TD Bank, Bell Canada, Fujitsu and PwC. In return for Ottawa's money, Cohere committed to at least 1,000 new Canadian technical jobs and at least CAD $1.7 billion in Canadian compute by 2030.
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