FOUNDERS FUND

About Founders Fund

Venture capital investment firm

Recent News about Founders Fund

• Poetic raises $50M Series A to scale reliable enterprise AI automation

  Poetic, an AI-native automation startup, announced on June 10, 2026 that it has raised a $50 million Series A at a $500 million valuation led by Kleiner Perkins. The company says its "learns like AI but runs like code" platform is already automating high‑stakes workflows at firms like SoFi and AIG with reported 99%+ accuracy.

  Source: PR Newswire2026-06-10T16:30:00.000Z

• 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.

  Source: TechCrunch2026-05-27T16:00:00.000Z