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Cursor Secures $2.3B Funding, Valued at $29.3B

11/14/2025

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Summary

Story summary

Cursor, an AI coding tool startup, announced a $2.3 billion Series D funding round valuing the company at $29.3 billion.
The round was co-led by Coatue and Accel, with participation from Nvidia and Google.
Cursor reports over $1 billion in annualized revenue.
Sales have grown 100-fold since early 2025.
The funding will boost research as competition in AI development grows, amid sector valuation concerns after SoftBank's stake sale in Nvidia.

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Story summary

Cursor, an AI coding tool startup, announced a $2.3 billion Series D funding round valuing the company at $29.3 billion.
The round was co-led by Coatue and Accel, with participation from Nvidia and Google.
Cursor reports over $1 billion in annualized revenue.
Sales have grown 100-fold since early 2025.
The funding will boost research as competition in AI development grows, amid sector valuation concerns after SoftBank's stake sale in Nvidia.