Pinned
We are humbled and excited to announce Conversion Capital Fund III, our latest early stage fund focused on fintech and infrastructure investments.
Conversion Capital
@ConversionCap
Backing Infinite Teams in Infinite Markets | conversioncapital.substack.com
- Congratulations to the @Etched team. AI is entering the phase where infrastructure becomes the bottleneck and companies solving inference at scale will define the next decade.
- Incredible growth in such a short period of time. The future of software engineering is being built by @cognition1/ We’ve raised over $1B at a $26B valuation, led by @Lux_Capital, @generalcatalyst, and @8vc. Our enterprise usage has grown >10x since the start of this year, and our run-rate revenue grew to $492 M. We launched Devin two years ago as the first AI software engineer. Since
- Conversion Cap portco co-founder & ceo
- @cognition just dropped the biggest Devin update since launch. Announcing 2.2 🚀 They were very early, building an async AI engineer while everyone else chased autocomplete. Capabilities have since 100x’d, enterprise usage grew ~65x in 13 months, and internal PRs went from 154Introducing Devin 2.2 – the autonomous agent that can test with computer use, self-verify, and auto-fix its work. Try it for free! We’ve also overhauled Devin from the ground up: - 3x faster startup - fully redesigned interface - computer use + virtual desktop ...and hundreds
