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AI coding assistant Cursor announced that it has acquired Graphite, a startup that uses AI to review and debug code.<\/p>\n
Although the terms of the deal were not disclosed, Axios reported that Cursor paid \u201cway over\u201d Graphite\u2019s last valuation of $290 million, which was set when the five-year-old company raised a $52 million Series B earlier this year.<\/p>\n
The tie-up makes strategic sense. The output of code generated by AI is often buggy, forcing engineers to spend a lot of time on corrections<\/a>. Even though Cursor offers AI-powered code review through its Bugbot<\/a> product, Graphite\u2019s specialized toolset provides a distinct capability called a \u201cstacked pull request,\u201d <\/strong>which enables developers to work on multiple dependent changes simultaneously without waiting for approvals.<\/p>\n Combining AI-powered code writing with AI-powered code review tools speeds up the process from drafting code to shipping it.<\/p>\n Other startups providing AI-powered code review include CodeRabbit, valued at $550 million<\/a> in September, and a smaller competitor, Greptile, which announced a $25 million Series A<\/a> this fall.<\/p>\n Michael Truell, co-founder and CEO of Cursor, first met Graphite\u2019s co-founders, Merrill Lutsky, Greg Foster, and Tomas Reimers, before launching the company as a Neo Scholar, a prestigious program for college students run by Neo<\/a>, Ali Partovi\u2019s early-stage venture firm. Neo backed Graphite at the seed stage, according to PitchBook data.<\/p>\n Furthermore, both Cursor and Graphite have other investors in common, including Accel and Andreessen Horowitz.<\/p>\n Techcrunch event<\/p>\n \n\t\t\t\t\t\t\t\t\tSan Francisco<\/span> Cursor, which was last valued at $29 billion<\/a> in November, has been on an acquisition spree. Last month, it purchased Growth by Design<\/a>, a tech recruiting strategy company. In July, Cursor scooped up the talent from AI-powered CRM startup Koala<\/a> for a post-money valuation of $129 million, according to PitchBook.<\/p>\n<\/div>\n
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\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n