
Cohere opens record Series E aiming for C$7 billion; Canada takes stake
Canadian AI firm Cohere said on 29 October 2026 it closed the first part of a Series E aiming for up to C$7 billion, at a C$35.7 billion valuation.
Apple took over Ascend.io's team, patents and a licence to its data engineering technology in a deal that closed on June 30, 2026, an EU filing reported on October 30 shows.


Canadian AI firm Cohere said on 29 October 2026 it closed the first part of a Series E aiming for up to C$7 billion, at a C$35.7 billion valuation.

Dulo, a San Francisco start-up co-founded by Google X co-founder Sebastian Thrun, has raised a $130 million seed round to build AI models for engineering design.

US AI start-up Serval raised $150 million in a Sequoia-led Series C on October 29, 2026, tripling its value to $3 billion as it takes on help-desk software.

Mintive raised a $7 million seed round on October 29, 2026, led by Cowboy Ventures, to control what companies' AI agents can access; total funding $11 million.
![NYSE owner ICE backs Trade[XYZ] for regulated perpetual futures on Hyperliquid](https://rvzufslmcasufgzylpvu.supabase.co/storage/v1/render/image/public/article-images/photos/nyse-owner-ice-backs-trade-xyz-for-regulated-perpetual-futur-c42949e6-mvucir9m.jpeg?width=800&quality=85&resize=contain)
NYSE owner ICE agreed on October 29, 2026 to build a CFTC-regulated perpetual futures market with start-up Trade[XYZ] on Hyperliquid technology.

Brazilian bank Itaú Unibanco agreed on October 26, 2026, to buy AI start-up NeoSpace for 2.925 billion reais, about $580-590 million, to build its own AI models.

Fragment, a procurement AI start-up, came out of stealth on October 28, 2026 with $56 million from 8VC, General Catalyst and A* to resolve purchasing exceptions.

Cloud security start-up Upwind raised $400 million at a $3.8 billion valuation, reported on October 28, 2026, after turning down Datadog's offer to buy it.
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