Chamath Palihapitiya’s AI coding startup raises $135 million Series A as he becomes CEO

First recorded June 29, 2026 · Latest coverage June 29, 2026 · 1 source

Chamath Palihapitiya’s AI coding startup has raised a $135 million Series A round, according to TechCrunch. The report also says Palihapitiya is taking the CEO role at the company, pairing a large early-stage financing with a leadership move at a startup focused on AI-assisted coding.

Why it matters: The round is a strong signal that investors remain willing to fund AI coding startups aggressively, especially when backed by high-profile founders with access to capital and distribution. The combination of a large Series A and a founder assuming the CEO role suggests an effort to scale quickly in one of the most crowded and commercially active AI software categories.

Sources

• Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role TechCrunch · June 29, 2026