Factory is an agent-native software development platform designed for engineering teams to delegate complex development tasks to autonomous AI agents, called Droids, directly from their existing tools and workflows. Droids embed into IDEs, web interfaces, CLI, Slack, Teams, and project management tools, enabling tasks like code refactoring, incident response, debugging, and migrations to be handled seamlessly. Factory emphasizes security, scalability, and broad integration across the modern development stack, making it suitable for both individual developers and enterprise teams.
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Factory AI raised $150M at a $1.5B valuation in a Khosla-led Series C on April 16, 2026. Inside the enterprise AI coding Droids reshaping the market.
Factory announced it has raised $150 million in a Series C funding round led by Khosla Ventures, with participation from Sequoia Capital, Blackstone, Insight Partners, Evantic Capital, 20VC, NEA, and Mantis VC, bringing the company’s valuation to $1.5 billion.
Factory CEO and cofounder Matan Grinberg discusses why scaling AI in software engineering depends less on flashy demos and more on changes to how teams work.
Ernst & Young (EY US) has launched EY.ai Product Development Lifecycle (PDLC), an AI-native software development framework built in collaboration with 8090, aimed at transforming how enterprises design, build, and deploy software. The new platform replaces traditional, linear development processes with a dynamic, AI-driven model designed to significantly reduce development timelines, costs, and failure rates.
Visit Factory's official website for product details and getting started.