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The deal

Type
Funding
Amount
$2.3B
Status
Closed
Round
Series D+
Post-money
$29.3BReported by Institutional Investor
Pre-money
$27Bcomputed: post-money minus amount
Region
Not recorded
Date
26 November 2025

As of this development: a later development may record new terms.

Lifecycle

  1. AnnouncedNot recorded
  2. Closed26 November 2025 · This development

Other rounds in Minutes led by Coatue

AI agent startup Instinct raises $1 billion at a $10 billion valuation

29 September 2026 · Funding · Round led by Sequoia, Benchmark and Coatue · $1B · Announced · Instinct

Investors in this round

Coatue · Lead investor

First round with Cursor

Accel · Lead investor

First round with Cursor

NVIDIA · Investor

First round with Cursor

Alphabet · Investor

First round with Cursor

Thrive Capital · Investor

First round with Cursor

DST Global · Investor

First round with Cursor

Andreessen Horowitz · Investor

First round with Cursor

Ownership and exit

Acquired by SpaceX

16 June 2026 · Acquisition · Announced · after 1 round since 2025 · The deal

Minutes shows stakes only when a party discloses them.

The parties

Cursor Issuer

2 developments · 2 deals in Minutes

Coatue Lead investor

4 developments · 4 deals in Minutes

Accel Lead investor

9 developments · 9 deals in Minutes

NVIDIA Investor

20 developments · 16 deals in Minutes

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