Tags: Sequoia Capital

Factory raises $150 million, hits $1.5 billion valuation to power AI‑driven enterprise coding
Factory raises $150 million, hits $1.5 billion valuation to power AI‑driven enterprise coding TechCrunch
Factory, a San Francisco‑based startup that builds AI agents for enterprise engineering teams, announced a $150 million Series B round that values the company at $1.5 billion. The financing was led by Khosla Ventures with participation from Sequoia Capital, Insight Partners and Blackstone, and brought Keith Rabois onto the board. Founder Matan Grinberg said the firm’s edge lies in its ability to toggle between foundation models such as Anthropic’s Claude and DeepSeek. Customers already include Morgan Stanley, Ernst & Young and Palo Alto Networks. Read more

Sequoia Capital Raises $7 B for New AI‑Focused Late‑Stage Fund
Sequoia Capital Raises $7 B for New AI‑Focused Late‑Stage Fund TechCrunch
Sequoia Capital announced a $7 billion raise for a fresh fund aimed at late‑stage investments in artificial‑intelligence companies across the United States and Europe. The capital, nearly double the size of the firm’s 2022 vehicle, underpins Sequoia’s “expansion strategy” under its newly appointed co‑stewards Alfred Lin and Pat Grady. Backing already includes OpenAI, Anthropic and a slate of emerging AI startups, positioning the Silicon Valley stalwart to ride the rapid scaling of AI‑driven businesses. Read more