Cursor has raised $2.3 billion in funding, elevating its valuation to $29.3 billion. Led by CEO Michael Truell, the company offers an AI coding assistant enabling software engineers to efficiently write, edit, and navigate code. This platform supports large repositories, maintains session context, and integrates AI model suggestions tailored to engineering workflows.
This latest round follows a $900 million Series C in June 2025. Key investors include Accel, Coatue, Nvidia, and Google, emphasizing strategic alignment. The funding ensures the scaling of Cursor’s infrastructure, enhancing its internal engineering capabilities and the development of its proprietary AI model, Composer.
Cursor focuses on improving coding efficiency and reliability while aiming to reduce dependency on third-party models. With growing adoption among startups and enterprises, the platform exemplifies the integration of AI into software development, marking a critical advance in engineering workflows and coding tasks.
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