Code Metal Raises $125 Million to Rewrite the Defense Industry's Code With AI
The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.
Code Metal, a Boston-based startup that uses AI to write code and translate it into other programming languages, just closed a $125 million Series B funding round from new and existing investors. The news comes just a few months after the startup raised $36 million in series A financing led by Accel.
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Announcing the Code Metal Forge Hackathon 2026 — Operation Lost and Found
A three-day rapid-prototyping sprint, November 6–8 at BASE-X in Boston. Build alongside Special Operations Forces, first responders, academics, and deep tech innovators to solve a real-world search and rescue challenge — $18,000 prize pool. Sponsored by USSOCOM.
Introducing the Verified Code Translation Research Awards
Code Metal is funding university research in verified code translation, with as many as four awards, each up to $40,000, for work in formal methods for AI. Proposals are due October 8, 2026.