Cognition AI has secured hundreds of millions of dollars in its latest funding round, led by 8VC, boosting its valuation to nearly $4 billion. This funding aims to enhance the development of its AI-powered coding assistant, Devin.
Cognition AI has secured hundreds of millions of dollars in its latest funding round, led by 8VC, boosting its valuation to nearly $4 billion. This funding aims to enhance the development of its AI-powered coding assistant, Devin.
03/18/25, 9:47 AM
Location
san franciscoMoney raised
$100 million
Industry
natural language processing
machine learning
artificial intelligence
software
Investors
Conviction Partners, Elad Gil, Khosla Ventures, Founders Fund, 8 Vc
Cognition AI, a developer of an AI-powered coding assistant, has secured hundreds of millions of dollars in its latest funding round, reaching a valuation close to $4 billion. The round, led by 8VC, doubled Cognition AI’s previous valuation. The startup's generative AI coding tool, Devin, is designed to automate repetitive tasks and enhance coding efficiency. Several existing investors, including Founders Fund and Khosla Ventures, also participated in this funding round.
Company Info
Location
san francisco, california, united states
Additional Info
Cognition AI is a developer of an AI-powered coding assistant that launched its generative AI coding tool, Devin, just over a year ago. Devin is positioned as the world's first AI software engineer, designed to enhance coding efficiency by automating repetitive tasks and predicting bugs. The tool is capable of planning and executing complex engineering tasks, learning over time, and rectifying errors. Cognition AI's innovative approach aims to revolutionize software development through automation.