Noesion Radarnoesion.ai
Market2026-09-08

Cognition raised over $2B at a $48B valuation. Andreessen Horowitz and Accel led the round as new investors. Founders Fund, General Catalyst and Avenir also took part, alongside dozens of others. Cognition makes Devin, a coding agent that carries out engineering tasks. It says run-rate revenue has nearly doubled since its May round. It names NVIDIA, GE Aerospace, Citi, Mercedes-Benz and Modal as customers. Devin has added incident triage, a security vulnerability scanner and event-triggered automations. Those automations start work from Slack, GitHub and Linear without a chat. Cognition opened offices in six new cities over the past year. It says it will stay an independent lab and mix models from several providers.

What changed

Cognition's last round closed in May, with run-rate revenue at $492M.

  • over $2B raised at $48B valuation
  • run-rate revenue $492M to ~$900M
  • 9+ offices worldwide

Sources

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