Cognition's $1B at $26B: Devin and the 13x Revenue Sprint
Cognition, maker of AI software engineer Devin, raised over $1B at a $26B valuation in May 2026 after growing run-rate revenue 13x in a year to $492M.
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Cognition, maker of AI software engineer Devin, raised over $1B at a $26B valuation in May 2026 after growing run-rate revenue 13x in a year to $492M.
May 2026 New York funding spans AI infra, fintech rails, healthtech, retail AI, and consumer — here's the deal list operators should know.
OpenRouter raised $113M Series B in May 2026, led by CapitalG, to route enterprise AI inference across models with governance and optimization.
Newark Venture Partners co-led Human Archive’s $8.2M seed for physical-AI training data and backed Vulcan Elements’ rare-earth magnet Series A.
May funding shows capital stacking on AI infra — serverless GPU, retrieval search, world models, and enterprise delivery — not another wrapper.
Three May deals show stablecoin capital splitting between EM neobanks, FI orchestration APIs, and AI-native banks — infrastructure, not speculation.