--- title: "AI Coding Startup Cursor Set For $2 Billion Funding Round, Nearly Doubling Valuation With Nvidia Backing: Report" type: "News" locale: "en" url: "https://longbridge.com/en/news/283217063.md" description: "AI coding startup Cursor is nearing a $2 billion funding round at a $50 billion valuation, nearly doubling its previous valuation. Major investors include Thrive Capital, Andreessen Horowitz, and Nvidia. Cursor's revenue is projected to triple, exceeding $6 billion by 2026, despite competition from other AI coding tools. The funding reflects strong investor interest in AI technologies. Cursor was co-founded by MIT students and has seen rapid growth since its last fundraising round." datetime: "2026-04-18T05:52:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283217063.md) - [en](https://longbridge.com/en/news/283217063.md) - [zh-HK](https://longbridge.com/zh-HK/news/283217063.md) --- # AI Coding Startup Cursor Set For $2 Billion Funding Round, Nearly Doubling Valuation With Nvidia Backing: Report AI coding startup **Cursor** is reportedly close to securing at least $2 billion in fresh capital at a $50 billion pre-money valuation, nearly doubling its valuation from six months ago, as venture capital firms **Thrive Capital** and **Andreessen Horowitz** prepare to lead an already oversubscribed round. ## Nvidia Among Expected Backers According to a TechCrunch report published Friday, technology-focused investment firm **Battery Ventures** is expected to join the funding round as a new investor. Strategic investor **Nvidia** (NASDAQ:NVDA) is also expected to take part. However, the terms of the deal have not yet been finalized and could still change. If completed, this funding would nearly double Cursor's previous post-money valuation of $29.3 billion, which was set during its last fundraising round six months earlier. In June 2025, the California-based firm raised $900 million. The company did not respond to Benzinga‘s request for comment outside office hours. ## Revenue On Track To Triple Despite facing fierce competition from other AI-coding offerings, Cursor’s revenue is on a rapid upward trajectory. The revenue is projected to exceed $6 billion by the end of 2026, suggesting its annualized revenue could roughly triple over the next 10 months. The fundraising reflects surging investor appetite for AI coding tools despite intensifying competition. **Salesforce** (NYSE:CRM) recently launched Headless 360, a platform that directly integrates with Cursor’s developer environment, underscoring the valuation premium private AI-native tools command over traditional software companies. Cursor's parent company, **Anysphere**, was co-founded by **Michael Truell**, **Sualeh Asif**, **Arvid Lunnemark** and **Aman Sanger** while they were students at Massachusetts Institute of Technology. _Photo Courtesy:_ _Shutterstock_ **Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. **Read Also: When Will Meta Begin Layoffs? Report Outlines Details Of 8,000 Cuts Amid AI Focus** ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [CLOU.US](https://longbridge.com/en/quote/CLOU.US.md) - [IXN.US](https://longbridge.com/en/quote/IXN.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [CRM.US](https://longbridge.com/en/quote/CRM.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Here's why Nvidia stock popped today](https://longbridge.com/en/news/285417685.md) - [Nvidia Rival Cerebras Reloads IPO Bid With $3.5 Billion Goal](https://longbridge.com/en/news/285066567.md) - [Simulations Plus and NVIDIA Collaborate to Scale GPU-Accelerated, AI-Assisted Modeling Workflows | SLP Stock News](https://longbridge.com/en/news/285371800.md) - [Elon Musk May Have Found SpaceX's Next Cash Machine](https://longbridge.com/en/news/285603940.md) - [Nvidia Director's $200 Million AI Gift Puts USC Back In The Race](https://longbridge.com/en/news/285419613.md)