# Robinhood Ventures Fund I technology investments

> Live situation record from CLSTR: https://clstr.news/situations/robinhood-ventures-fund-i-technology-investments
> Updated: 2026-10-26T02:17:15.000Z. Sources: 5. Developments: 2.

Robinhood Ventures Fund I (RVI) has expanded its portfolio through investments in frontier technology companies. The fund completed a $10 million investment in Cognition, an artificial intelligence company that developed Devin, an autonomous software engineering platform. Cognition’s technology, which is used by institutions such as Goldman Sachs and Mercedes-Benz, has recently surpassed a $1 billion annualized revenue run rate.

In a separate move, the fund purchased $30 million of preferred stock in Erebor Bank, a US-based nationally chartered lender focused on the innovation economy, including defense technology, hard tech, and crypto businesses. The investment strategy aims to provide public-market investors with exposure to private technology companies.

## Timeline

### 2026-10-26: Robinhood Ventures Fund I invests $10 million in Cognition

Robinhood Ventures Fund I has invested $10 million in Cognition, the AI company behind the autonomous coding agent Devin.

3 sources. https://clstr.news/cluster/robinhood-ventures-fund-i-invests-10-million-in-cognition

### 2026-10-21: Robinhood Ventures Fund I invests in Cognition and Erebor Bank

Robinhood Ventures Fund I has invested $10 million in AI software firm Cognition and $30 million in US-based Erebor Bank.

2 sources. https://clstr.news/cluster/robinhood-ventures-fund-i-invests-in-cognition-and-erebor-bank

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Cite as: Robinhood Ventures Fund I technology investments. CLSTR, https://clstr.news/situations/robinhood-ventures-fund-i-technology-investments