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Startups & Venture·June 29, 2026·1 min read

Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role

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Capital is now backing AI coding as a category where distribution and narrative may matter as much as raw capability—$135M at Series A with a celebrity investor-operator is a bet on owning the developer relationship, not just model quality. If you sell into engineers, assume your buyers will be saturated with high-budget AI coding pitches and sharpen your story around workflow depth and integration, not “we write code too.”