Cohere Inc.

$240,000,000.00 CAD

≈ $5.79 for every person in Canada ≈ 3,102 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: SIF Stream2- Growth
Recipient country: Canada
Fiscal year: 2024-2025
Agreement period: March 10, 2025 – April 30, 2049
Reference: ic:033-2024-2025-Q4-820219

Published purpose

This investment will support Cohere to scale up its operations and expand its Artificial Intelligence (AI) product offering, and attract an investment from a Data Centre provider.

In plain English AI-generated

This investment supports Cohere Inc. to scale up its operations and expand its Artificial Intelligence product offering, while attracting investment from a data centre provider.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions