From the source
Factory announced a $15M Series A led by Sequoia Capital, with participation from Lux Capital and Mantis VC, bringing total funding to over $20M and valuing the company at $120M.
- The funding will be used to further the company's mission, grow the team, and improve its Droids.
- Factory also reported that its Code Droid set a new state-of-the-art on the SWE-bench coding benchmark.
