Chamath Palihapitiya raises $135M Series A for AI coding startup 8090

Chamath Palihapitiya raises $135M Series A for AI coding startup 8090

The former Facebook exec turned full-time CEO is betting that AI can slash enterprise software costs by 90% in regulated industries

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By Editorial Team
Edited by Estefano Gomez

Chamath Palihapitiya is returning to a full time operating role after his AI coding startup 8090 Labs raised $135 million in Series A funding.

Salesforce Ventures led the round, with participation from WndrCo, Craft Ventures, The Production Board and Launch. Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo also invested.

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Palihapitiya founded 8090 Labs in January 2024 to build AI coding tools for corporate software teams.

Its main product, Software Factory, is designed to help developers move beyond experimental prototypes and build production ready applications with enterprise controls including audit trails.

Palihapitiya also announced that he will become the company’s CEO after previously serving as a board member.

He compared the current AI expansion to the early rise of social media, when he worked as an executive at Facebook.

Palihapitiya said the opportunity persuaded him to return to operating a company full time for the first time since leaving Facebook.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TECHNOLOGY

Chamath Palihapitiya raises $135M Series A for AI coding startup 8090

Chamath Palihapitiya raises $135M Series A for AI coding startup 8090

The former Facebook exec turned full-time CEO is betting that AI can slash enterprise software costs by 90% in regulated industries

By Editorial Team
Edited by Estefano Gomez

Share

Add us on Google

Chamath Palihapitiya is returning to a full time operating role after his AI coding startup 8090 Labs raised $135 million in Series A funding.

Salesforce Ventures led the round, with participation from WndrCo, Craft Ventures, The Production Board and Launch. Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo also invested.

Advertisement

Palihapitiya founded 8090 Labs in January 2024 to build AI coding tools for corporate software teams.

Its main product, Software Factory, is designed to help developers move beyond experimental prototypes and build production ready applications with enterprise controls including audit trails.

Palihapitiya also announced that he will become the company’s CEO after previously serving as a board member.

He compared the current AI expansion to the early rise of social media, when he worked as an executive at Facebook.

Palihapitiya said the opportunity persuaded him to return to operating a company full time for the first time since leaving Facebook.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.