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Toronto-based Cohere raised $500M led by Radical and Inovia at a $6.8B valuation, up from $5.5B in July 2024, and has doubled its ARR to $100M so far in 2025 (George Hammond/Financial Times) from Techmeme RSS feed.
Toronto-based Cohere raised $500M led by Radical and Inovia at a $6.8B valuation, up from $5.5B in July 2024, and has doubled its ARR to $100M so far in 2025 (George Hammond/Financial Times)
George Hammond / Financial Times:
Toronto-based Cohere raised $500M led by Radical and Inovia at a $6.8B valuation, up from $5.5B in July 2024, and has doubled its ARR to $100M so far in 2025 — Canadian group recruits ex-Uber and Meta executives and boosts valuation to $6.8bn — Artificial intelligence start-up Cohere …