The facts
Factory at a glance.
Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.
Founders
- Matan Grinberg: theoretical physics PhD; co-founder and CEO (TechCrunch, Nov 2, 2023)
- Eno Reyes: previously a data scientist at Hugging Face and Microsoft (TechCrunch, Nov 2, 2023)
Menlo Ventures invested (amount undisclosed) after a public dispute in which investor Vinod Khosla called Factory a 'struggling second tier competitor'. Oct 5, 2026
TechCrunch, Oct 5, 2026
What it has built
Shipped, or not yet.
“Has a product” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.
OpenCompute, self-hosted orchestrator for agent sandboxes
Source2 rounds
Funding, as reported.
Every round we found, with the amount, valuation and investors as the source states them.
| When | Round | Amount | Valuation | Investors named | Source |
|---|---|---|---|---|---|
| Nov 2, 2023 | Seed | $5 million | Not stated | Sequoia (co-lead), Lux (co-lead), SV Angel, BoxGroup | TechCrunch |
| Sep 15, 2026 | Unnamed | $200M | $5B | Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC, Clearlake | Factory |
Our note
Worth knowing.
Our note: No lead investor named for the $5B round. Factory says it is used by 'hundreds of thousands of developers' (company claim). OpenCompute's licence was not checked; 'open-source' kind is based on the name and self-hosting description only.
More ai that writes software