Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year (Yuliya Chernova/Wall Street Journal)

Yuliya Chernova / Wall Street Journal: Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year  —  Peter Thiel's Founders Fund is the lead investor in the financing, according to people familiar with the deal

Aug 15, 2025 - 05:04
Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year (Yuliya Chernova/Wall Street Journal)
Yuliya Chernova / Wall Street Journal: Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year  —  Peter Thiel's Founders Fund is the lead investor in the financing, according to people familiar with the deal