Cognition lands $1B funding round, valuation jumps to $25B
AI coding startup Cognition raised over $1 billion in a new financing round, pushing its pre‑money valuation to $25 billion. The round, led by Lux Capital, General Catalyst and 8VC, brings the company’s annualized revenue run‑rate to $492 million, reflecting rapid enterprise adoption from clients like Mercedes‑Benz and NASA.