"Code Metal, a Boston-based startup that uses AI to write code and translate it into other programming languages, just closed a $125 million Series B funding round from new and existing investors. The news comes just a few months after the startup raised $36 million in series A financing led by Accel. Code Metal is part of a new wave of startups aiming to modernize the tech industry by using AI to generate code and translate it across programming languages."
"Code Metal, which was founded in 2023, has focused its efforts on code translation and code verification for the defense industry. It boasts L3Harris, RTX (formerly known as Raytheon), and the US Air Force as early customers. The startup is also working with Japanese electronics company Toshiba, and says it's in talks with a large chip company to work on code portability across chip platforms, though the company l declined to say which one."
Code Metal raised $125 million in a Series B round following a $36 million Series A led by Accel. The company focuses on AI-driven code translation and verification, converting high-level languages such as Python, Julia, MATLAB, and C++ into lower-level or hardware-specific languages like Rust, VHDL, and CUDA. Early customers include L3Harris, RTX, and the US Air Force, with partnerships including Toshiba and talks with a major chip company about cross-platform portability. The company is part of a broader cohort building tools to automate, validate, test, and secure AI-generated code amid investor interest despite methodological uncertainty.
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