Blog>Cognee News

Big News: cognee raises €1.5 million to transform AI data management!

We’re excited to announce that cognee has raised €1.5 million in funding! 🎉 This achievement isn’t just a financial boost - it’s a vote of confidence in our mission to make AI data management simpler, more cost-effective, and highly scalable for you.

cognee’s AI memory engine turns raw data into organised “memories”, helping LLMs deliver more reliable and accurate results. With this support, we’re ready to grow faster, bring on new talent, and keep innovating in ways that matter to you.

Funding Details: Our Path to Growth

Having secured €1.5 million in funding, we’re excited to kick off a new phase of growth and opportunity. We appreciate the support of our key investors, whose backing strengthens our path forward.

Key Investors:

🔗 42CAP - An experienced early-stage VC and known for backing B2B tech innovators, their expertise will be invaluable as we navigate new growth opportunities.

🔗 Angel Invest - Focused on tech-driven startups with high growth potential, their support underscores their confidence in cognee’s vision and scalability in the world of data management.

🔗 Combination VC - With a solid track record in tech and software, their strategic insights will be crucial in shaping our journey.

Beyond the VCs, we’re grateful to have industry leaders who share our mission on board:

Notable Angels:

🔗 Bob van Luijt - A visionary in data and AI, Bob’s expertise will guide us as we tackle some of the most challenging problems in the field.

🔗 Alexander Dean - A data industry pioneer, Alex’s experience will enrich our approach, ensuring we stay ahead in this fast-evolving landscape.

Building a Stellar Team

A significant part of cognee’s growth story is the talented team that’s recently joined our journey. Each member brings expertise that will drive us toward our goals and enable us to create the best possible experiences for our users.

Here’s a quick introduction to our team members who are bringing their unique expertise to cognee.

👤 Lazar Obradovic - Lead Data Scientist: from abstract math to cognee’s path

👤 Leon Luithlen - Lead Software Engineer: from whale clicks to cognee's bits

👤 Igor Ilic - Support Engineer: from shifting gears to cognee's frontiers

👤 Rita Aleksziev - Data Scientist: from data's rhythm to cognee's algorithm

👤 Hande Kafkas - Growth Engineer: from code and community to cognee's unity

👤 Laszlo Hajdu - Lead Software Engineer: from AI insights to cognee's heights

👤 Vasilije Markovic - Co-founder: from leading teams to cognee's dreams

👤 Boris Arzentar - Co-founder: from scaling cloud to cognee's code

Fresh New Look: A New Brand Identity 🎨

Alongside our funding announcement, we’re unveiling a rebrand - a new look that mirrors our commitment to clarity, transparency, and innovation.

Our refreshed brand identity is more than a visual update - it’s a reflection of our values and a promise to our users that we’re here to make AI data management reliable and easy for you.

Take a tour of our site and let us know what you think!

New Release: cognee v0.1.18 is Live! 🚀

Here’s what’s new in our latest update - packed with improvements to make cognee even better for you:

We now have 13 contributors on GitHub actively improving cognee. A big shoutout to everyone who has contributed - you’re making a real difference!

Check it out → cognee

Stay in Touch

We’d love to hear from you - follow us on social media, join our Discord channel, and check out cognee on GitHub. Don’t forget to give us a 🌟 if you like what we’re doing!

Thank you for being part of our journey - we’re just getting started!