Story thread · 9 reports / 7 sources

The Week’s 10 Biggest Funding Rounds: The Boring Co., Cognition And Motive Lead A Massive Week

news.crunchbase.com · 3dShare

It was a monster week for U.S. startup funding, with four companies each raising $1 billion or more. The Boring Co. led with a $3 billion Series D, followed by AI coding startup Cognition at $2 billion. Joining them near the top was fleet management software provider Motive, which landed $1.3 billion, while reusable rocket developer Stoke Space raised another $1 billion.

First report: Cognition’s valuation doubled in 15 weeks. So did its revenue, and the multiple barely moved. — thenextweb.com, 6d