# Export Development Canada

> Export Development Canada's investments in AI tools on Anchor Terminal, Cohere, with each listing's grade and the founders behind it.

- Canonical: https://www.anchorterminal.com/investors/export-development-canada/
- Markdown: https://www.anchorterminal.com/investors/export-development-canada/index.md (~600 tokens)
- Slim: https://www.anchorterminal.com/investors/export-development-canada/index.min.md (~480 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/investors/export-development-canada/index.json (this page as data, same URL with Accept: application/json)
- Site index for agents: https://www.anchorterminal.com/llms.txt (full text: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-28

Investor.

Website: https://www.edc.ca

## Companies on Anchor Terminal

- **Cohere**, Series D, July 2024, valued at about $7B as announced (the source doesn't say pre- or post-money), 2025 round, second close, September 2025
  - [Cohere Chat API (Command models)](https://www.anchorterminal.com/tools/cohere-chat.md), graded B, 64.7/100
  - [Cohere Embed and Rerank](https://www.anchorterminal.com/tools/cohere-embed.md), graded BB, 72.5/100
  - [Cohere Transcribe 03-2026](https://www.anchorterminal.com/tools/cohere-transcribe-03-2026.md), graded C, 59.3/100
  - Source: https://betakit.com/cohere-series-d-tops-out-at-500-million-raised-at-5-5-billion-valuation/

## Where they invest

- Model APIs & inference, 1
- Embeddings & rerankers, 1
- Speech-to-text, 1

## Founders they backed

- [Aidan Gomez](https://www.anchorterminal.com/people/aidan-gomez/), Cohere, Cohere Inc.
- [Nick Frosst](https://www.anchorterminal.com/people/nick-frosst/), Cohere, Cohere Inc.
- [Ivan Zhang](https://www.anchorterminal.com/people/ivan-zhang/), Cohere, Cohere Inc.

## Questions

### Which AI tools has Export Development Canada invested in?

Anchor Terminal lists Cohere backed by Export Development Canada.

### How are Export Development Canada's companies graded?

On Anchor Terminal's benchmark, Cohere Chat API (Command models) (B, 64.7), Cohere Embed and Rerank (BB, 72.5) and Cohere Transcribe 03-2026 (C, 59.3).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.

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