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Lux Capital
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Cognition

Deal Value

Undisclosed

Announced

Wednesday, May 27, 2026

Deal Details

Cognition raised over $1 billion in new funding at a $25 billion pre-money valuation to scale its Devin autonomous AI software engineer business.

A financial investment providing capital in exchange for equity or strategic partnership.

Related News

Cognition raises $1B to scale Devin autonomous AI engineer

Cognition, maker of the Devin autonomous AI software engineer, raised over $1 billion at a $25 billion pre-money valuation in a new funding round announced on May 27, 2026. Lux Capital and General Catalyst led the round with participation from Founders Fund, 8VC, Ribbit Capital, Atreides, Layer Global and others.

May 27, 2026
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