Chamath Palihapitiya's 8090 has raised a $135 million Series A, according to TechCrunch, giving the AI software startup a much larger balance sheet as it tries to sell agent-assisted development to large companies.

The round is notable because 8090 is not pitching itself as another autocomplete layer. Its public site describes Software Factory as a platform that brings teams and AI agents into one system for defining intent, coordinating execution, and keeping control over software decisions. The company frames the product around enterprise-grade work rather than quick prototypes, with an emphasis on regulated industries such as healthcare, financial services, manufacturing, and government.

That positioning is already visible in 8090's work with EY. In March, Ernst & Young LLP said it had launched EY.ai Product Development Lifecycle with 8090 as a founding technology partner, using Software Factory to support legacy modernization and new product development. EY's announcement also identified Palihapitiya as 8090's cofounder and CEO.

The funding adds a concrete financing signal to a crowded AI coding market where many tools still compete on demos, benchmark claims, and developer mindshare. 8090's bet is more operational: wrap coding agents in requirements, planning, governance, and validation so enterprises can use them inside existing delivery controls.

The harder question is whether that model can prove durable beyond founder-led visibility and early enterprise partnerships. A large Series A gives 8090 room to build, but the market will judge it on repeatable software delivery, not just whether agents can generate code.