Factory raises $200M at $5B valuation

Factory has raised $200 million at a $5 billion valuation to expand self-improving software development for enterprise teams. The company’s funding announcement says the round brings total funding above $400 million and will fund research, product, and global go-to-market work. That capital signal is not coding ROI; teams considering autonomous software work should benchmark end-to-end harness cost against Octobench’s five-task harness swing before treating valuation as product evidence.