AI Programming Startup Cognition Secures $1 Billion in Funding, Valuation Reaches $25 Billion Before the Round
Artificial intelligence programming startup Cognition completed a funding round exceeding $1 billion on May 27, 2026, with a pre-money valuation of $25 billion, led by Lux Capital and General Catalyst. Compared to its valuation of $10.2 billion during its $400 million funding in September 2025, its value has more than doubled. Its core product is autonomous AI software engineering.