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Cursor Raises $2.3 Billion at $29.3 Billion Valuation as Nvidia, Google Join Round

New participation from Nvidia and Google signals tighter partnerships to accelerate Anysphere’s research push.

Overview

  • The Series D was led by Accel and Coatue, with existing backers including Thrive, a16z, and DST increasing their investments.
  • Anysphere reports Cursor now exceeds $1 billion in annualized revenue, serves millions of developers, and employs more than 300 staff.
  • This marks the company’s third raise in about a year, lifting its valuation from $2.6 billion to $29.3 billion after $105 million (B) and $900 million (C) rounds.
  • Cursor launched its first in-house programming model, Composer, in late October and claims it generates more code than most large models.
  • Nvidia is a customer, and CEO Jensen Huang has publicly praised Cursor’s use inside the company; Anysphere says the new capital will fund further R&D and scale-up.