TECH NEWS

Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role

In Brief

1:55 PM PDT · June 29, 2026

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 company, 8090 Labs, closed a $135 million round led by Salesforce Ventures with participation from Jeffrey Katzenberg’s WndrCo, David Sacks’ Craft Ventures, fellow All-In hosts and “besties” David Friedberg’s The Production Board and Jason Calacanis’ Launch, as well angel investors like Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo.

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 Xthat he will...

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Meta Contractors Posed as Teens to Prompt Rival Chatbots About Suicide, Sex, and Drugs

Quote of the day by Microsoft co-founder Bill Gates: 'If a robot comes in to do the same thing, you&rsquo;d think that we&rsquo;d tax the robot' &mdash; devising policy ideas to counter automation risks

Cloud cost management—the problem is bigger than you think

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