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Cognition receives investment offer at a valuation of $70 billion to $80 billion

1 reports1 story updatesUpdated Oct 29 00:54

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Cognition has received investor offers valuing it at $70 billion to $80 billion and is seriously considering completing a funding round before the end of the year. Related reports say the negotiations are still at an early stage and the terms may change. These offers come just weeks after Cognition raised more than $2 billion in September at a valuation of $48 billion. At $70 billion to $80 billion, investors would be paying roughly 78 to 89 times its revenue, up from 53 times at the $48 billion valuation; that range would also exceed the $60 billion SpaceX paid in stock to acquire Cursor's parent company Anysphere. There is currently no public information on further funding progress.

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Cognition Receives Investment Offers at $70 Billion to $80 Billion Valuation

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  1. Cognition receives investment offer at a valuation of $70 billion to $80 billion

    Source:Rohan Paul

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Oct 29

  1. Rohan Paul

    Cognition Receives Investment Offers at $70 Billion to $80 Billion Valuation

    Cognition has received investor offers valuing it at $70 billion to $80 billion and is seriously considering closing a funding round before the end of the year, but negotiations are still at an early stage and terms may change. The offers came just weeks after Cognition raised more than $2 billion in September at a $48 billion valuation. At $70 billion to $80 billion, investors would be paying roughly 78 to 89 times its revenue, up from 53 times at the $48 billion valuation. The range would also exceed the $60 billion SpaceX paid in stock to acquire Cursor parent Anysphere.

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