company

Cognition

AI startup developing coding tools

Startups · Robinhood Ventures invests $10 million in AI coding startup Cognition

Robinhood Ventures has invested $10 million in Cognition, the developer of the AI coding tool Devin, the company exclusively told Fortune. The investment, made as part of Cognition’s $2 billion Series E round in September, comes months after Robinhood put $75 million into OpenAI, signaling a bet that the market for AI coding tools will support multiple winners.