AI Coding Startup Factory Raises $200M at $5B Valuation, Tripling April Number

Factory, whose 'Droid' coding agents dispatch tasks across models of varying strength, raised a $200M round at a $5B valuation, WSJ reports — up from $1.5B in April, roughly tripling in five months. The company is the latest agentic-coding startup to see valuations run ahead of revenue as buyers ratchet spend on autonomous-coding subscriptions.