Factory secures $50 million in Series B funding led by NEA, Sequoia Capital, NVIDIA, and J.P. Morgan to launch Droids, the innovative software development agents.

Sep 25, 2025•3 months ago

Amount Raised

$50 Million

Round Type

series b

San FranciscoSoftware

Investors

Aaron LevieNikesh AroraFrank SlootmanJ.P. MorganNvidiaSequoia CapitalNea

Description

Today, Factory is releasing Droids – the best software development agents in the world, after hitting #1 on Terminal Bench. The company has announced a $50 million Series B funding from NEA, Sequoia Capital, NVIDIA, J.P. Morgan, and notable angel investors. Factory's platform is designed to be LLM agnostic and IDE agnostic, providing flexibility for developers

Company Information

Company

Factory

Location

San Francisco, California, United States

About

Factory is pioneering agent-native development, a new way of building software that keeps developers in control of the important high-level details while agents – or Droids – handle the coding. By shifting from autocomplete to delegation, Factory puts the orchestration and management of Droids into the hands of engineers and enables teams to ship faster, improve code quality, and embrace a new philosophy of working with AI. Founded in 2023 and headquartered in San Francisco, Factory is backed by investors including Sequoia Capital, NEA, NVIDIA, J.P. Morgan, Abstract Ventures, Mantis VC, SV Angel and BoxGroup.

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