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AI coding startup Factory raises $200 million, more than triples valuation to $5 billion

Factory has raised $200 million at a $5 billion valuation, more than tripling the $1.5 billion valuation investors assigned it just five months ago. Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital and Sound Ventures backed the new round, […]

The post AI coding startup Factory raises $200 million, more than triples valuation to $5 billion first appeared on Tech Startups.

Source: Tech Startups