FactoryAI, an AI startup that automates engineering tasks, has announced its Series A funding round led by Sequoia Capital. The company, co-founded by Berkeley student Matan Safran, has achieved state-of-the-art benchmarks in autonomous agent performance and SWE-bench results. The startup has raised $125 million in this round, with Lux Capital also participating. FactoryAI's product suite, developed by the team including co-founder Eno Reyes, is already deployed and aims to significantly impact the global engineering landscape by helping engineers write better software.
Software is the lifeblood of companies. Companies that help engineers write better software (and write software better) will therefore have massive impact at global scale. The exceptional @FactoryAI team, led by @matanSF and @EnoReyes, has built a superb product suite that’s… https://t.co/YBambMZ3bV
Software is the lifeblood of companies. Companies that help engineers write better software (and write software better) will therefore have massive impact at global scale. The exceptional @FactoryAI team, led by @matanSF, has built a superb product suite that’s already deployed… https://t.co/YBambMZ3bV
New SOTA on SWE-bench 🚨 congrats to @matanSF @EnoReyes and the Factory team for the exciting progress and new fundraise! https://t.co/mG2jpJhWg3
Huge congrats @matanSF and the team at @FactoryAI! The future will be powered by AI workforce! https://t.co/7S26c7vGYQ
Some companies put out misleading demos for hype Others shatter the SWE-bench results and delight enterprise customers We were the first investors in @FactoryAI and are thrilled to double down by leading their Series A! https://t.co/doOUy2m9Uo
Thrilled for @Lux_Capital portfolio co @FactoryAI announcing its Series A led by @sequoia with SOTA benchmarks on autonomous agent performance 📈💻 https://t.co/5zkmVmLUqL
How Berkeley student @MatanSF went from studying string theory to getting @sequoia to back his $125 million startup @FactoryAI https://t.co/f8A8gAFViF
Sequoia Backs AI Startup That Automates Engineering Tasks https://t.co/uON5zhctnn
Enterprise companies dominated the latest cohort of @ycombinator graduates. We track the funding trajectories of these seed- and pre-seed companies, starting with the very AI-centric winter 2024 batch. https://t.co/IjpWkakX7L