Will cohere raise a series B?

The Series B extension brings Cohere's total funding to date to $106 million. Cohere CEO Siva Namasivayam said the startup hadn't planned on raising so quickly. Although Cohere raised its initial $36 million Series B in April 2021, the startup originally hadn't planned to raise a Series C until mid-2024, Axios reported in October.

Who led cohere's Series B round?

Cohere’s Series B round was led by Tiger Global, with follow-on participation from founding investor Radical Ventures, Index Ventures, and Section 32. The fresh capital brings Cohere’s total funding to over $170 million USD.

Does cohere have a US expansion plan?

Toronto-based artificial intelligence (AI) startup Cohere has secured $125 million USD ($159 million CAD) in Series B financing to fuel its United States expansion plans. Cohere, which aims to make natural language processing (NLP) more accessible, first emerged from stealth in May 2021 and announced a $40 million USD Series A round in September.

Did cohere health get $50 million in Series B funding?

Cohere Health just landed $50 million in Series B extension funding, Business Insider has learned exclusively. Deerfield Management led the Series B extension, with participation from Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners.