Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role
Chamath Palihapitiya, best known for his venture capital firm Social Capital and the All-In podcast, announced Monday that the AI coding startup he founded raised a sizable Series A.
Chamath Palihapitiya, best known for his venture capital firm Social Capital and the All-In podcast, announced Monday that the AI coding startup he founded raised a sizable Series A.
The short version
- Palihapitiya founded 8090 Labs in January 2024 to offer an AI coding agent specifically for corporate programming teams.
- Its product, Software Factory, helps corporate coders use AI to build production-quality software, not just vibe-coded prototypes, with all the controls enterprises need, such as audit trails, the company promises.
- With the raise, Palihapitiya also announced on X that he will lead the startup as CEO, rather than just serving as a board member.
- He said the AI rush today feels like the rise of social media in his career as an early exec at Facebook, long before it became Meta.
What happened
“Since I left Facebook, I was waiting for a moment like this to return to a full-time operating role,” he wrote. “I am convinced that what we are building now is even more important, so there was no decision to make except to be all in.”
Why it matters
The useful takeaway is the direction of travel: this update shows where builders, investors or users may need to pay closer attention next.
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