AI firm Cohere raises US$500 million
On August 14, 2025, Cohere Inc. (“Cohere”) announced that it raised US$500 million in new funding at a US$6.8 billion valuation. The oversubscribed round was led by Radical Ventures and Inovia Capital, with additional participation from existing investors including AMD Ventures, NVIDIA, PSP Investments, and Salesforce Ventures, as well as new investors, including a Canadian institutional investor, among others.
The new capital will enable Cohere to accelerate the development of agentic AI solutions that streamline tasks for businesses and governments, boosting efficiency while prioritizing data security.
Further information can be found on Cohere’s website.
Cohere is a leading security-first enterprise AI company. It builds cutting-edge foundation models and end-to-end AI products designed to solve real-world business problems.