AI & Technology

AI Startup Cohere Reaches $6.8 Billion Valuation in $500M Funding Round

AI Startup Cohere Reaches $6.8 Billion Valuation in $500M Funding Round

TORONTO, August 14, 2025 — Cohere Inc., a Canadian artificial intelligence startup founded in 2019, has achieved a $6.8 billion valuation following the successful closing of a $500 million funding round Reuters Financial Times . This valuation represents a substantial leap from its $5.5 billion valuation just a year ago Financial Times Bloomberg Law . Funding Details & Investor Backing The round was spearheaded by Radical Ventures and Inovia Capital , with continued support from established investors such as AMD Ventures , NVIDIA , PSP Investments , and Salesforce Ventures Reuters Financial Times . This injection of capital bolsters Cohere's bid to bolster its position against better-funded rivals while reinforcing its enterprise-focused, privacy-first strategy Financial Times Reuters . Strategic Focus: Enterprise & Confidentiality Unlike broad-based AI platforms, Cohere prioritizes enterprise clients—especially those in regulated sectors like banking, healthcare, manufacturing, and public …

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