Factory raises $200M as AI coding agents attract enterprise demand

AI coding startup Factory raised $200 million in a round that valued the company at $5 billion.

Factory has raised $200 million as investor interest in AI-assisted software development continues to grow.

Developer tools become enterprise infrastructure

Coding agents are increasingly being positioned as productivity infrastructure for engineering organizations rather than standalone developer utilities.

The bigger picture

The funding shows continued appetite for companies building AI systems around software engineering workflows.