Search results for Lux Capital
AI & Enterprise
AI coding startup Cognition raises over $1 billion at $25 billion valuation, ARR nears $492 million
AI coding startup Cognition raised more than $1 billion at a pre-money valuation of $25 billion. TechCrunch reported the valuation marked a sharp rise from an October post-money valuation of $10.2 billion after a $400 million funding round in September last year. Cognition develops Devin, an autonomous AI software engineer. The round was led by Lux Capital and General Catalyst, with participation from Founders Fund and 8VC, among others.
AI & Enterprise
Physical Intelligence seeks additional $1 billion funding, aims to build ChatGPT for robots
San Francisco robotics startup Physical Intelligence, founded 2 years ago, is seeking to raise about $1 billion in new funding, TechCrunch reported, citing Bloomberg News. If completed, the deal would value the company at more than $11 billion, up from $5.6 billion 4 months ago. Founders Fund is expected to take part, with Lightspeed Venture Partners in talks. Thrive Capital and Lux Capital are considering reinvesting.
AI & Enterprise
Anduril seeks new funding round at $60 billion valuation
U.S. defence technology startup Anduril, led by Oculus founder Palmer Luckey (팔머 럭키), is pursuing a new funding round targeting a $60 billion valuation, the Wall Street Journal reported on Tuesday. Thrive Capital and Andreessen Horowitz are leading, with Lux Capital and Founders Fund expected to join. Bloomberg reported Anduril may raise up to $8 billion, a year after a $3 billion Series G valued it at $30 billion.
