# Cohere raises $5.0B Series E led by Schwarz Group

> Cohere, based in Canada, has raised $5.0B in a Series E led by Schwarz Group, announced on 29 October 2026. 5 other investors joined.

Source: https://millionrounds.com/news/rounds/cohere-series-e-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$5.0B** 10 sources reported it

Stage **Series E** 2 earlier rounds on record

Investors **6** 1 named as lead

Where **CA** Canada

AI

## How big is it?

Against every equity round we recorded in the twelve months to 29 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#7** equity round of the last twelve months

**#1** Series E of 45 in that time

**#1** round in Canada, of 63

This round **$5.0B**

Median Series E **$280M**

18 times the median Series E of the last twelve months.

## Who invested

- [**Schwarz Group** 2 rounds in the last twelve months *Led*](https://millionrounds.com/fund/schwarz-group)

Also in the round

- [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- [Government of Canada](https://millionrounds.com/fund/government-of-canada)
- [Prosperity7 Ventures](https://millionrounds.com/fund/prosperity7-ventures)
- [Bullhound Capital](https://millionrounds.com/fund/bullhound-capital)
- [BCE Inc (Bell Canada Enterprises)](https://millionrounds.com/fund/bell-ventures)

## Funding history

- October 2026 Series E **$5.0B**
- August 2026 Venture **$100M**
- March 2021 Seed **$3.1M**

$5.1B raised across the 3 rounds we hold.

## Reported by

- BetaKit 29 October
- thelogic.co 29 October
- The Next Web 29 October
- boersen-zeitung.de 29 October
- Newswire.ca 29 October
- PR Newswire 29 October
- securities.io 29 October
- Trending Topics 29 October
- Unite.AI 29 October
- Crypto Briefing 30 October

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**Fractile** $700M Series C](https://millionrounds.com/news/rounds/fractile-series-c-2026-10)[**Serval** $150M Series C](https://millionrounds.com/news/rounds/serval-series-c-2026-10)[U **Upwind** $400M Series C](https://millionrounds.com/news/rounds/upwind-series-c-2026-10)[**Approaching.AI** $193M Series B](https://millionrounds.com/news/rounds/approaching-ai-series-b-2026-10)[**Group14 Technologies** $169M Series D](https://millionrounds.com/news/rounds/group14-technologies-series-d-2026-10)[D **Dulo** $130M Seed](https://millionrounds.com/news/rounds/dulo-seed-round-2026-10)

[The company **Cohere on Millionrounds** *→*](https://millionrounds.com/company/cohere)[Weekly roundup **Week of 26 October** *→*](https://millionrounds.com/news/weekly/2026-10-26)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)