# Cohere Closes CAD $7B Series E

> Cohere's record Series E funding targets CAD $7 billion valuation for Canadian sovereign AI.
- Title: Cohere Closes CAD $7B Series E · AI Insider | Shortify
- Summary: Cohere's record Series E funding targets CAD $7 billion valuation for Canadian sovereign AI. Cohere closes CAD $7 billion Series E round at CAD $35.7 billion…
- Keywords: cohere, series e, schwarz group, bell ventures, bullhound capital, government of canada, nvidia, prosperity7 ventures, funding round, ai platform, sovereign ai, regulated industries
- Source: AI Insider — https://theaiinsider.tech/2026/10/30/cohere-announces-initial-close-of-record-series-e-targeting-cad-7b
- Author: James Dargan
- Published: 2026-10-30T11:44:26+00:00
- Read time: 1 min
- Topics: cohere, series e, schwarz group, bell ventures, bullhound capital, government of canada, nvidia, prosperity7 ventures, funding round, ai platform, sovereign ai, regulated industries
## Cohere Series E Close
Cohere announces initial close of Series E round targeting up to CAD $7 billion at CAD $35.7 billion valuation.
## Investors Join Round
Schwarz Group leads round with Bell Ventures, Bullhound Capital, Government of Canada, Inovia Capital, NVIDIA, and Prosperity7 Ventures.
## AI Strategy Focus
Funds will advance models, build vertical AI for regulated sectors, and expand compute infrastructure.
## Key takeaway

Cohere closes CAD $7 billion Series E round at CAD $35.7 billion valuation, largest Canadian tech financing.