AI Coding Startup Cognition Raises More Than $1 Billion at $26 Billion Valuation
Cognition AI, an AI coding startup, raised more than $1 billion in a new funding round that values the company at $26 billion. Lux Capital, General Catalyst and 8VC co-led the round.
Cognition said its revenue run rate increased to $492 million from $37 million in May 2025, putting the company close to $500 million in annualized revenue on that measure and helping explain the scale of the financing.
From the sources (5 posts)
@firstsquawkAI STARTUP COGNITION APPROACHES $500 MILLION IN RUN RATE REVENUE.
@firstsquawkAI CODING COMPANY COGNITION SECURES $1 BILLION FUNDING WITH A VALUATION OF $26 BILLION.
@businessCognition AI has raised more than $1 billion in a new funding round at a $26 billion valuation.
@mtsliveSITUATION DETECTED: Cognition AI has raised more than $1B at a $26B valuation, per Bloomberg. Lux Capital, General Catalyst, and 8VC co-led the round.
@techmemeAI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025 (@rebeccatorrenc5 / Bloomberg) (Visit Techmeme dot com for the link and full context!)