Code Metal closed a $36.5 million Series A round led by Accel in November 2025, valuing the Boston-based startup at $250 million.
New investors RTX Ventures, Bosch Ventures, Smith Point Capital, Overmatch VC, and AE Ventures joined the round, alongside existing backers Shield Capital and J2 Ventures.
What Code Metal Actually Does?
Founded in 2023 by Peter Morales, Alex Showalter-Bucher, and Octavian Udrea, Code Metal tackles a critical bottleneck in edge computing.
The platform uses AI to translate high-level code (Python, Julia, MATLAB) into production-ready, hardware-optimized code for edge devices like drones, robots, and autonomous vehicles.
Traditional manual code translation takes months. Code Metal compresses that timeline to days.
Key Funding Details
| Round | Amount | Lead Investor | Year |
|---|---|---|---|
| Series A | $36.5M | Accel | 2025 |
| Seed | $13M | Shield Capital | 2024 |
| Pre-Seed | $3.45M | J2 Ventures | 2024 |
Why Investors Are Betting Big?
Edge computing spending is projected to hit $350 billion by 2027, driven by AI applications on resource-constrained devices. Code Metal is already generating eight-figure revenue contracts with defense, automotive, and semiconductor companies.
Steve Loughlin, Partner at Accel, noted that “precision isn't a luxury” in healthcare, finance, and defense sectors where Code Metal operates. The company has delivered measurable results, speeding up L3Harris code translation from weeks to days across multiple projects.​
The funds will expand the team and accelerate platform development for mission-critical industries with strict safety requirements.
Connect With Code Metal
| Platform | Link |
|---|---|
| Website | codemetal.ai |
| linkedin.com/company/code-metal | |
| X (Twitter) | @Code_Metal_AI |
The Path Forward
Code Metal is positioned to dominate AI-powered code translation for edge computing. With customers in defense, automotive, and industrial sectors demanding provably correct code, the company fills a gap that generic AI coding assistants can't address.
