Cohere signs definitive deal to combine with UVC-backed Aleph Alpha

• Cohere signed a definitive business combination agreement to merge with UVC Partners portfolio company Aleph Alpha; closing expected before year-end.
• Transaction remains subject to regulatory approvals; combined company will operate globally under the Cohere name with more than 1,000 employees.
• Planned dual headquarters in Berlin and Toronto; Aleph Alpha’s Heidelberg site retained as a research center.
• Deal positions Cohere as a transatlantic foundation-model developer targeting sovereign AI deployments for governments and regulated industries in Canada and Germany.
• UVC Partners co-led Aleph Alpha’s Series A in 2021 alongside Earlybird and Lakestar, remaining an investor since.

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