AI NewsAI coding startup Cognition raises $1B at $25B pre-money valuation
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Summary
Cognition, the makers of the autonomous AI software engineer Devin, has raised $1 billion at a $25 billion pre-money valuation, led by Lux Capital and General Catalyst.
Why it matters
A major leap from its $10.2 billion post-money valuation just eight months ago, indicating significant growth and investment in the company.
Related coverage
| TechCrunch AI | AI coding startup Cognition raises $1B at $25B pre-money valuation | 5/28/2026, 7:17:03 PM |
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