Updated
Updated · TechCrunch · Jun 29
8090 Labs Raises $135 Million Series A as Chamath Palihapitiya Becomes CEO
Updated
Updated · TechCrunch · Jun 29

8090 Labs Raises $135 Million Series A as Chamath Palihapitiya Becomes CEO

3 articles · Updated · TechCrunch · Jun 29

Summary

  • $135 million in Series A funding gives 8090 Labs fresh backing as founder Chamath Palihapitiya moves from board member to chief executive.
  • Salesforce Ventures led the round, joined by WndrCo, Craft Ventures, All-In co-hosts David Friedberg and Jason Calacanis, plus angels including Nikesh Arora and Adam D’Angelo.
  • Founded in January 2024, the startup sells Software Factory, an AI coding agent aimed at corporate engineering teams building production-grade software with enterprise controls such as audit trails.
  • Palihapitiya said the current AI wave feels like social media's early rise at Facebook and drove his return to a full-time operating role after years focused on investing and podcasting.

Insights

With giants like Microsoft dominating AI coding, can a startup offer a truly safer alternative for big business?
If 46% of developers distrust AI-generated code, how can a new tool win their trust in high-stakes industries?