Chamath Palihapitiya, best known for venture capital firm Social Capital and the All-In podcast, announced Monday that the AI coding startup he founded has raised a sizable Series A investment.
The company, 8090 Labs, closed a $135 million round led by Salesforce Ventures with participation from Jeffrey Katzenberg’s WndrCo. David Sacks’ Craft Ventures; fellow All In hosts and “best friends” David Friedberg (Production Board) and Jason Calacanis (Launch); There are also angel investors like Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo.
Palihapitiya founded 8090 Labs in January 2024 to provide AI coding agents for enterprise programming teams. Our product, Software Factory, helps enterprise coders use AI to build production-quality software with all the controls businesses need, like an audit trail, as well as Vibe-coded prototypes.
Along with the raise, Palihapitiya announced at X that he would lead the startup as CEO rather than simply as a board member.
He said today’s AI rush feels like the rise of social media in his career as an early Facebook executive, long before the company became meta. “I’ve been waiting for this moment to go back to full-time work since I left Facebook,” he wrote. “I couldn’t make a decision other than to go all in because I was convinced that what we were building was much more important.”
