MoneyThe story, in brief
Cognition, creator of the AI software engineer Devin, in talks to raise ‘hundreds of millions’ at $25B valuation
$25B. That's Cognition's new valuation as the Devin AI engineer startup aims to raise hundreds of millions more.
The KeyNews take
Why it matters
Cognition's funding discussions signal sustained investor appetite for AI coding agents despite market maturation, and validate the commercial viability of autonomous software engineering as a category.
The key facts
5 to knowCognition AI in talks to raise 'hundreds of millions'
$25B post-money valuation (more than double previous valuation)
Devin is the flagship AI software engineer product
Source: Bloomberg reporting on investor discussions
Timing: April 2026 — demonstrates continued momentum in AI agent funding
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: Artificial intelligence coding assistant startup Cognition AI Inc. is reportedly engaged in discussions with investors over another massive funding round that would more than double its valuation to $25 billion, Bloomberg reported today. The report cites “people familiar with the matter” as saying…