AI coding agent startup Factory tops $400M raised, valuation more than triples since April

annbordetsky · x · 2026-09-16

AI coding agent company Factory announced new funding from Blackstone, Khosla Ventures, Sequoia, Insight Partners, Evantic Capital, NEA, and Mantis VC, bringing total funding above $400M — with its valuation more than tripling since April amid what the company calls a year of hypergrowth.

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