Wednesday, 16 September, 2026
AI Coding Startup Factory Raises $200M at a $5B Valuation
By Unnamed User

AI coding startup Factory has raised $200 million, more than tripling its valuation to $5 billion from $1.5 billion earlier this year. The company develops AI agents that help enterprise engineering teams build, test, and maintain software. The funding will support research, product development, and global expansion as demand for AI-powered software development tools continues to grow.
Read full story at CIO ET