Cohere plans up to C$7B Series E at roughly C$36B valuation, with Canada taking a C$1.6B stake
Cohere announced an initial close of its planned Series E, with the Canadian government investing C$1.6 billion and Schwarz Group leading, valuing the company near C$36 billion post-money. CEO Aidan Gomez said the financing would also help the 800-person company create 1,000-plus tech jobs in Canada by 2030. Fresh capital is a signal, not a guarantee of openings, but Cohere may be worth watching.
Funding is a signal a company may hire — not proof that roles are coming.
Cohere has 79 open roles on the board →