Cognitive AI, the entrepreneurship behind AI coding agents GermanIt is reported Bloomberg.
The Founder Foundation, Peter Thiel-backed venture capital, led the latest round of cognition and participated from existing investors such as Lux Capital, Joe Lonsdale’s 8VC, Elad Gil, Elad Gil, Definition Capital, and Swish Ventures.
In July, Cognition The obtained AI encoding starts Windsurfjust a few days later Google Poaching CEO, co-founder and head of research at the startup.
The salary increase comes after the serious growth of cognitive core products. The startup’s annual recurring revenue climbed from Devin to $73 million in June, up from $1 million in September 2024. Since its inception two years ago, net burns have been less than $20 million.
Meanwhile, the company has built a reputation for putting strict demands on its workers. Last month, Cognitive fired 30 employees and Providing acquisition For the remaining 200 employees, they were offered a expectation of 80 hours of work, six days.
