COGNITION RAISES $400M AT $10.2B VALUATION

Summary from the TLDR Founders newsletter

Cognition raised $400M at a $10.2B valuation in a funding round led by Founders Fund, with contributions from existing and new investors. The company's acquisition of Windsurf significantly boosted its ARR and product offerings in AI coding. The merger accelerated growth, positioning Cognition as a leader in AI-powered engineering solutions for top-tier customers like Goldman Sachs and Dell.