# Cognition reports $2 billion Series E at $48 billion valuation

_Published Tuesday, September 8, 2026 at 7:17 PM EDT · Capital, AI · Latest · Tier 1 — Major_

![Cognition reports $2 billion Series E at $48 billion valuation — Primary](https://images.siliconangle.com/blogs.dir/1/files/2026/09/cognition-800x450.png)

Cognition AI said it raised more than $2 billion in a Series E financing at a $48 billion valuation.

SiliconANGLE reported that the company's prior May round raised more than $1 billion at a $26 billion valuation and that Cognition says its run-rate revenue is now close to $900 million, up from $492 million then. Cognition develops Devin, an AI agent intended to plan, write, test, debug and deploy software in a sandboxed environment.

Andreessen Horowitz and Accel led the round, with Nvidia among participating investors.

## Sources

- [SiliconANGLE](https://siliconangle.com/2026/09/08/ai-coding-startup-cognition-raises-2b-at-48b-valuation-as-revenue-nears-900m/)

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Canonical: https://techandbusiness.org/newswire/RlLULoheu76Pbkfe3xBH0t
Published: 2026-09-08T23:17:34.637Z
Story chronology: 2026-09-08T22:18:29.000Z
Retrieved: 2026-10-24T06:17:32.035Z
Publisher: Tech & Business (techandbusiness.org)