Code Metal Secures $36.5M Led by Accel at $250M Value
Code Metal announced today it has closed $36.5 million in Series A funding to advance its platform for verifiable, AI-powered code translation. Accel led the round, which values the company at $250 million.
The financing marks a significant milestone for the company as it expands deployment across defense, automotive, and semiconductor industries. Code Metal is already on track to deliver eight figures in revenue this year through existing contracts.
Bringing AI to Industries That Can’t Afford Errors
Code Metal’s platform serves industries with strict safety and regulatory requirements where traditional AI tools fall short. The company’s technology addresses a persistent challenge: how to use AI for software development when accuracy is absolutely required, not optional.
“Vibe coding helps software teams build MVPs fast. But it doesn’t address our customers’ needs: writing zero-error production code onto hardware. Helping industries like auto and defense not get left behind by AI: that isn’t purely an AI problem. It’s where multiple disciplines meet, and that’s where Code Metal operates. Revisiting the industries where I began, and demonstrating real impact in production, has been a full-circle moment. The momentum we’re seeing speaks for itself.”
Peter Morales, founder and CEO of Code Metal
The new capital will fund continued platform development, market expansion, and team growth. Code Metal is also working to close additional major contracts that will be announced in the coming weeks.
Scaling Operations and Closing New Deals
The company plans to use the funding to accelerate feature development, expand into new markets, and strengthen its position in sectors where code portability and modernization are business-critical. Code Metal’s approach enables rapid development cycles while maintaining compliance with stringent industry standards.
Before Code Metal, companies in these sectors struggled to adopt AI for software tasks due to fundamental limitations around accuracy and verification. The platform solves this by combining formal methods with AI to test, optimize, and validate every line of code.
Founded to Solve Real-World Production Challenges
Code Metal was created to tackle the specific needs of mission-critical industries that require both speed and perfection. The company’s platform enables customers to develop features quickly, move code between different hardware environments, and modernize legacy systems without sacrificing safety or compliance.
The technology has already proven its value in production environments. For example, Shield Capital highlighted how Code Metal reduced code translation time from weeks to days for L3Harris across multiple projects.
“In sectors like healthcare, finance, and defense, precision isn’t a luxury, it’s required. Code Metal understands that the next generation of AI infrastructure will depend on language and hardware working in sync. Their approach combines deep technical rigor with a practical understanding of how real industries operate.”
Steve Loughlin, Partner at Accel
Strong Investor Backing from Strategic and Financial Partners
The Series A round brought together a diverse group of investors aligned with Code Metal’s mission. New investors include RTX Ventures, Bosch Ventures, Smith Point Capital, Overmatch VC, and AE Ventures.
The round also features participation from notable individuals: John Tenet, CEO of Chaos Industries; philanthropist and biomedical entrepreneur Paul Schimmel; GovForce CEO Kendall Collins; telecommunications pioneer Robert Cohn; and defense investor Chris Heinz. Existing investors Shield Capital and J2 Ventures increased their commitments, with continued support from Fulcrum Venture Group.
“We see Code Metal as a transformative enabler for the next generation of intelligent, connected systems. Code Metal’s AI-driven approach to code translation and deployment at the edge directly supports Bosch Ventures’ vision of bringing greater automation, reliability and scalability to industrial and mobility applications,” said Adam Jackson, Partner at Bosch Ventures.
“Shield Capital’s additional commitments reflect our continued enthusiasm for both Code Metal’s AI-enabled code translation technology, which has immense value for defense and commercial customers; and the company’s already-established track record of delivering results, such as speeding code translation from weeks to days for L3Harris across several projects,” said Michael Brown, Partner at Shield Capital.
Proven Traction in Enterprise Adoption
The company’s ability to break into traditionally AI-skeptical industries stems from its unique approach to verification. Code Metal’s automated solutions ensure every line of code is tested, robust, optimized, and compliant with regulatory requirements.
“It’s rare to see a company of this technical complexity get adopted this quickly in enterprise. The round was well timed, because there is a huge amount of demand for Code Metal’s technology,” remarked Alexander Harstrick, co-founder of J2 Ventures, which led Code Metal’s pre-seed round. “We have a lot more to share with the world very soon.”
The platform enables customers to move code between different chips, breaking vendor lock-in while maintaining the performance and safety guarantees required in mission-critical applications.
About Code Metal
Code Metal’s mission is to accelerate mission-critical industries with provably correct, automated code translation and optimization for any environment. Adopted across the defense, automotive, and semiconductor industries—and wherever compliance, safety, and precision are required—Code Metal’s platform combines formal methods with AI to enable customers to develop features rapidly, break vendor lock-in by moving code between chips, and modernize code.
Origianl Creator: Ekaterina Pisareva
Original Link: https://justainews.com/ai-compliance/ai-development/code-metal-secures-36-5m-led-by-accel-at-250m-value/
Originally Posted: Thu, 13 Nov 2025 04:19:05 +0000












What do you think?
It is nice to know your opinion. Leave a comment.