Inovia Capital led a $270m Series C funding round in Cohere.

Inovia Capital, a venture capital firm, led a $270m Series C funding round in Cohere, an AI platform for enterprise, with participation from NVIDIA, Oracle, Salesforce Ventures, DTCP, Mirae Asset, Schroders Capital, SentinelOne, Thomvest Ventures and Index Ventures. “AI will be the heart that powers the next decade of business success. As the early excitement about generative AI shifts toward ways to accelerate businesses, companies are looking to Cohere to position them for success in a new era of technology. The next phase of AI products and services will revolutionize business, and we are ready to lead the way,” Aidan Gomez, Cohere CEO and Co-Founder.