🗞️ Cohere, which is developing an AI model ecosystem for the enterprise, raised $270 million as part of its Series C round.
A source familiar with the matter tells TechCrunch that this tranche values the company at between $2.1 billion and $2.2 billion.
Inovia Capital led the oversubscribed Series C round with participation from Nvidia, Oracle, Salesforce Ventures, DTCP, Mirae Asset, Schroders Capital, SentinelOne, Thomvest Ventures and Index Ventures.
Source: #Techcrunch
