Image via Latent Space (swyx + Alessio)
Cognition: Capital Raising
Cognition raised $1 billion Series D funding round co-led by General Catalyst, indicating significant growth and scaling phase
Source: Latent Space (swyx + Alessio)
The leadership read
Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
Market context: Backdrop: a 98.6 (Neutral) Talent Market Index (down 1.4 on the month) with EMEA activity steady (-1.1pts).
Cognition: 2 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 2 tracked across 36 days.
MitchelLake in this thematic
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From the MitchelLake archive
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Polestar →Swedish electric vehicle manufacturer Polestar raised $200 million in 2025 to support premium EV development and sustainable mobility transition goals.
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Finn →Finn, a European car subscription platform, secured €1 billion in ABS (asset-backed securities) financing in 2025 for fleet expansion across multiple markets.
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Monument Technology →Monument Technology raised £18m in seed funding, exceeding its £10m target, and has already commenced Series A fundraising at an increased valuation. The company is positioned for rapid scaling and geographic expansion.
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Conduct →Conduct, a London-based AI startup founded by former Palantir employees, raised $60 million in Series A funding co-led by Index Ventures and Iconiq, with strategic investment from SAP. Total funding to date is $72 million.
Capital Raising · EMEA
Behavox →Behavox raised $175m in preferred equity from HPS Investment Partners (BlackRock credit arm). First equity raise since 2020 ($100m from SoftBank). Funds will accelerate international expansion, broaden Unified Controls Platform, and fund M&A. Company has been profitable since 2023.
Capital Raising · EMEA
N-able →N-able amended its credit agreement to add a $75 million delayed draw term loan facility
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