Cognition, Thiel-backed AI startup, raises at $48B valuation led by a16z and Accel

pstAsiatech · x · 2026-09-10

Per WSJ, Cognition — the Peter Thiel-backed maker of the AI coding agent Devin — has raised a new round at a $48 billion valuation. The round was led by new investors Andreessen Horowitz and Accel, alongside existing backers.

Related event: Cognition Raises $2B+ at $48B Valuation as ARR Nears $900M(11 posts)→

Original post →

More from Venture

Venture channel →