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 (The Production Board) and Jason Calacanis (Launch); and 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 X that he will lead the startup as CEO, rather than just serving as a board member.
Market Context
Coding assistants are becoming common, but enterprise software generation with governance, auditability, and process rigor is still unfinished. Salesforce Ventures’ lead role suggests the commercial opportunity is not limited to developer productivity — it is an opportunity to become part of the enterprise workflow stack for AI-assisted software delivery.
In a crowded coding market, 8090’s wager is that buyers want a managed production system, not a flashy co-pilot. That is a more defensible position if enterprises decide they need fewer tools and more accountable platforms.
Funding Details
- Startup: 8090 Labs
- Investors: Salesforce Ventures, WndrCo, Craft Ventures, The Production Board, Launch, plus angel investors including Nikesh Arora and Adam D’Angelo
- Amount Raised: $135M
- Funding Stage: Series A
- Funding Date: June 29, 2026
- Headquarters: Menlo Park, California
- Sector: Enterprise AI, developer tools