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Source: Klarna and some shareholders raised $1.37B in a US IPO that was more than 20x oversubscribed, selling 34.3M shares at $40 each, above the marketed range (Anthony Hughes/Bloomberg)

Anthony Hughes / Bloomberg : Source: Klarna and some shareholders raised $1.37B in a US IPO that was more than 20x oversubscribed, sellin...

8 September 2025

Cognition raised $400M led by Founders Fund at a $10.2B valuation, up from $4B in March; its coding tool Devin's ARR grew from $1M in Sept. 2024 to $73M by June (Bloomberg)

Bloomberg:
Cognition raised $400M led by Founders Fund at a $10.2B valuation, up from $4B in March; its coding tool Devin's ARR grew from $1M in Sept. 2024 to $73M by June  —  Artificial intelligence startup Cognition AI Inc. has reached a valuation of $10.2 billion in a roughly $400 million funding round …

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