Chamath Palihapitiya raises $135M Collection A for his AI coding startup, takes CEO function

Chamath Palihapitiya raises 5M Collection A for his AI coding startup, takes CEO function


Chamath Palihapitiya, finest recognized for his enterprise capital agency Social Capital and the All-In podcast, introduced Monday that the AI coding startup he based raised a large Collection A.

The corporate, 8090 Labs, closed a $135 million spherical led by Salesforce Ventures with participation from Jeffrey Katzenberg’s WndrCo; David Sacks’ Craft Ventures; fellow All-In hosts and “besties” David Friedberg (The Manufacturing Board) and Jason Calacanis (Launch); and angel traders like Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo.

Palihapitiya based 8090 Labs in January 2024 to supply an AI coding agent particularly for company programming groups. Its product, Software program Manufacturing unit, helps company coders use AI to construct production-quality software program, not simply vibe-coded prototypes, with all of the controls enterprises want, corresponding to audit trails, the corporate guarantees.

With the elevate, Palihapitiya additionally introduced on X that he’ll lead the startup as CEO, moderately than simply serving as a board member.

He mentioned the AI rush at present feels just like the rise of social media in his profession as an early exec at Fb, lengthy earlier than it turned Meta. “Since I left Fb, I used to be ready for a second like this to return to a full-time working function,” he wrote. “I’m satisfied that what we’re constructing now could be much more essential, so there was no determination to make besides to be all in.”



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