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Factory, a three-year-old AI coding startup, reaches $1.5 billion valuation after securing $150 million Series B funding led by Khosla Ventures
TechCrunch AI · April 16, 2026
AI Summary
- •Factory raised $150 million in Series B funding to develop AI coding solutions targeting enterprise customers
- •The funding round, led by Khosla Ventures, values the startup at $1.5 billion
- •Factory is a three-year-old startup focused on building AI tools for enterprise software development
- •The capital will support the company's expansion in the competitive AI coding assistant market
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