Anysphere Raises $100M for Cursor, Valuation Reaches $2.6B from $400M in August 2024; Mindgard Secures $8M for AI Protection

Anysphere, the developer behind the AI coding assistant Cursor, has successfully raised $100 million in Series B funding, elevating its valuation to $2.6 billion. This funding round was led by Thrive and marks a substantial increase from a previous valuation of $400 million in August 2024. The rapid growth of Cursor highlights the increasing interest and investment in AI-driven coding tools. In a related development, UK-based Mindgard, a spinoff from a British university, has secured $8 million to protect companies from AI vulnerabilities, reflecting the growing demand for cybersecurity solutions in the AI sector.