Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
AI coding startup Cursor is nearing new funding in which the four-year-old company would raise at least $2 billion in fresh capital, according to four sources familiar with the matter. Returning investors Thrive and Andreessen Horowitz are expected to lead the financing at a $50 billion valuation, prior to the new capital injection, the people said. Battery Ventures, a new investor, may also participate in the financing, according to two sources. Strategic investor Nvidia is also expected to write a check, one person said. Although the round is already oversubscribed, the deal terms are not final and may still change. The financing, if completed, would nearly double Cursor’s previous $29.3 billion post-money valuation, assigned to the company during its last fundraise six…
