Ottawa takes stake in Cohere as AI company opens $4.5 billion funding round

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Cohere raises $4.5 billion at $20.5 billion valuation with Canadian government stake

Canadian AI company Cohere is raising $4.5 billion in a funding round led by Germany's Schwarz Group, with the Canadian government taking an equity stake. The round values the company at $20.5 billion.

Oct 29, 20262 sourcesAI sovereignty AI companies founding rounds AI Industry AI investment AI startups Business & enterprise AI Venture capital funding

Cohere raises $4.5 billion at $20.5 billion valuation with Canadian government stake

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Bloomberg

Ottawa takes stake in Cohere as AI company opens $4.5 billion funding round

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Cohere raises $4.5 billion at $20.5 billion valuation with Canadian government stake

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Canada, Nvidia Invest in Cohere as AI Startup Hits $20.5 Billion Valuation

Ottawa takes stake in Cohere as AI company opens $4.5 billion funding round

Part of story

Cohere raises $4.5 billion at $20.5 billion valuation with Canadian government stake

Other sources for this story

Canada, Nvidia Invest in Cohere as AI Startup Hits $20.5 Billion Valuation