# Factory AI — Announcing our $5M fundraise from Sequoia and Lux to Bring Autonomy to Software Engineering

- Company: Factory AI (factory.com)
- Announced: 2023-11-02
- Category: funding-company-news
- Coverage: not counted
- Announcement: yes
- Group: announcements
- Source: https://factory.com/news/announcing-our-5m-fundraise
- Record: https://forck.live/items/17815-announcing-our-5m-fundraise-from-sequoia-and-lux-to-bring-autonomy-to-software
- Subject: Droid

Factory announced a $5 million seed funding round led by Sequoia and Lux, with participation from SV Angel, BoxGroup, and others. The company builds autonomous AI-powered systems called Droids that automate software development lifecycle tasks such as planning features, solving bugs, writing tests, reviewing code, and writing documentation.

## Evidence

Verbatim from https://factory.com/news/announcing-our-5m-fundraise:

> To that end, we’re thrilled to share that we’ve raised a 5M seed round, led by Sequoia and Lux, with participation from SV Angel, BoxGroup, Ali Ghodsi, Clem Delangue, Gokul Rajaram, and others.

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