AI coding startup Cognition raises $1B at $25B pre-money valuation

AI coding startup Cognition raises $1B at $25B pre-money valuation

As Cognition reaches $492 in annualized revenue run rate, it more than doubled its valuation in eight months, it says.

AI Coding Startup Cognition Raises $1 Billion at $26 Billion Value

Cognition AI Inc. has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using artificial intelligence for software development.

AI Coding Startup Cognition Hits $26B Valuation After Massive $1B Raise

AI coding startup Cognition has raised more than $1 billion in new funding at a $26 billion valuation. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from existing backers including Founders Fund, Elad Gil, Bain Capital Ventures, and others. New investors included Ribbit Capital, Atreides, and Layer Global. According to Bloomberg, the valuation more than doubled from Cognition’s previous funding round in Septembe…

Devin Maker Cognition Raises $1B at $26B Valuation

Cognition raises $1B at a $26B valuation for its Devin AI software engineer, reporting 10x enterprise growth and $492M in annualised revenue. The post Devin Maker Cognition Raises $1B at $26B Valuation appeared first on techcoffeehouse.com.

Vibe coding startup Cognition more than doubles valuation in new $1B+ round

Cognition Inc., a provider of artificial intelligence programming tools, today announced that it has raised more than $1 billion in funding. Lux Capital, General Catalyst and 8VC led the Series D round with contributions from more than a dozen others. The deal values Cognition at $26 billion, about $16 billion more than what it was […] The post Vibe coding startup Cognition more than doubles valuation in new $1B+ round appeared first on SiliconA…

AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months

Cognition, the company behind AI software developer Devin, has raised over $1 billion at a valuation north of $26 billion. The massive round shows just how much investor money is flowing into AI coding agents, even as their real-world value remains hotly debated. The article AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months appeared first on The Decoder.