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Startups & Venture·October 29, 2026·1 min read

Canada joins Nvidia in backing Cohere’s record C$7bn Series E

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Aiming for up to C$7bn at a C$35.7bn valuation with Canada and Nvidia in the round makes Cohere a national and ecosystem asset, not just a startup. For enterprises, this deepens the viable non–Big Tech model options and signals governments will directly underwrite AI champions.