Odaily News Anysphere, the company behind the AI code editor Cursor, has just completed a $900 million round of financing led by Thrive Capital, with a valuation of $9 billion. This round of financing attracted participation from top venture capital institutions, including a16z and Accel. Cryptocurrency exchange FTX was a seed round investor in Cursor, but after FTX went bankrupt, its liquidation team sold its Cursor shares for $200,000, and these shares are now worth about $500 million.
It is reported that Cursor is an AI-based code editor that has developed rapidly recently. Prior to this round of financing, Anysphere received a $105 million Series B financing led by Thrive Capital and Andreessen Horowitz at the end of 2023, with a valuation of $2.6 billion. In just a few months, its valuation has more than tripled. (Financial Times)
