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Factory raises $200M at a $5B valuation for its AI coding agents

This story is from 2026-09-17. It is preserved in the archive; the latest stories are on the live feed.

“Across the world’s largest enterprises, we are seeing a move from individual coding agents to software factories that serve as the core foundation from which an entire software company operates,” said Matan Grinberg, co-founder and CEO of Factory. The San Francisco company has raised $200 million…

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  1. 2026-09-17 14:31 · The Next Web
    Factory raises $200M at a $5B valuation for its AI coding agents

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