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AI company Cognition completes over $400 million in financing, led by Founders Fund.
PANews, September 10 - According to Cognition, the company has completed a new round of financing exceeding $400 million, reaching a post-investment valuation of $10.2 billion. This round was led by Founders Fund, with existing shareholders Lux, 8VC, Neo, Elad Gil participating, and new investors Bain Capital Ventures and D1 Capital joining in. Cognition is dedicated to advancing the development of AI coding agents.