Code Metal secured $36.5 million in new funding. This Series A round will advance its Verifiable AI Code Translation technology. Accel led the investment, valuing Code Metal at $250 million. This funding marks a significant growth phase for Code Metal.
The company already deploys its platform across defense, automotive, and semiconductor industries. It is also on contract to deliver eight figures in revenue this year. These industries have strict safety and regulatory requirements. Previously, they could not use AI for software development. Accuracy and other limitations prevented AI adoption in these critical sectors. Code Metal's platform offers automated code translation solutions. It combines formal methods with AI. This ensures every line of code is tested, robust, optimized, and compliant. Furthermore, the technology verifies and guarantees code meets stringent safety checks. This capability allows Code Metal to enter AI-skeptical industries. For example, it speeds code translation from weeks to days for L3Harris. Peter Morales, Code Metal's CEO, emphasized the need for zero-error production code. He noted that "vibe coding" helps build MVPs fast. However, it does not address the precision required for hardware deployment. Steve Loughlin from Accel highlighted the demand for precision. He stated that sectors like healthcare, finance, and defense require accuracy. Code Metal understands AI infrastructure needs language and hardware synchronization. Adam Jackson of Bosch Ventures sees Code Metal as a transformative enabler. Its AI-driven approach to code translation supports intelligent, connected systems. This technology brings greater automation, reliability, and scalability to industrial applications. Shield Capital also increased its commitment. Partner Michael Brown cited the immense value of Code Metal's AI-enabled code translation technology. This solution offers immense value for defense and commercial customers.
New investors include RTX Ventures, Bosch Ventures, Smith Point Capital, Overmatch VC, and AE Ventures. Distinguished individuals like John Tenet and Paul Schimmel also participated. Existing investors Shield Capital, J2 Ventures, and Fulcrum Venture Group provided continued support.
