Cognition 获 700 亿至 800 亿美元估值融资邀约
Devin 母公司 Cognition 两个月内估值从 480 亿飙到可能 800 亿美元，倍数和 SpaceX 收 Cursor 那笔都能对比着看。
Cognition 在 9 月以 480 亿美元估值完成超 20 亿美元融资后，几周内又收到 700 亿至 800 亿美元的投资者报价，正考虑年底前启动新一轮融资。若按该区间计算，投资者将为其支付约 78 至 89 倍收入的溢价，高于上轮的 53 倍。这一估值将超过 SpaceX 以 600 亿美元股票收购 Anysphere（Cursor 母公司）的交易价格。Anysphere 被 SpaceX 收购后，Cognition 成为风投仍可投的少数大型独立 coding-agent 创业公司之一。
Cognition has received investor offers valuing it at $70B to $80B and is seriously considering a round before year-end, though talks are early and terms could change.
Those offers came weeks after Cognition raised more than $2B at a $48B valuation in September.
At $70B to $80B, investors would pay about 78x to 89x that revenue figure, up from 53x at $48B.
The range would also top the $60B SpaceX paid in stock for Cursor maker Anysphere, which passed $2B in annualized revenue by February.
That deal took Cursor out of reach for venture investors, leaving Cognition among the few large independent coding-agent startups they can still buy into.
