Code Metal, a Boston, MA–based verifiable, AI-powered code translation platform, has raised $36.5 million in Series A funding, valuing the company at $250 million.
Investors
The round was led by Accel, with participation from RTX Ventures, Bosch Ventures, Smith Point Capital, Overmatch VC, AE Ventures, Shield Capital, J2 Ventures, Fulcrum Venture Group, and several industry leaders.
Accel is a global venture capital firm investing in early- and growth-stage technology companies. The firm focuses on the technology, consumer products, SaaS, fintech, and healthcare sectors. With offices in Silicon Valley, London, and Bengaluru, Accel provides capital, strategic guidance, and a broad network to help companies scale globally.
Code Metal Use of Funds
The company will use the fresh funds to advance its AI-driven code translation platform, expand deployment across mission-critical industries, and support rapid growth as it secures major new contracts.
About Code Metal
Code Metal develops AI-powered code translation technology for mission-critical industries. Its platform enables rapid feature development, code portability, and large-scale code modernization in environments with strict safety and regulatory requirements. Code Metal's platform combines formal methods with modern AI to ensure that every translated line of code is verified, tested, optimized, and compliant with stringent regulations. Headquartered in Boston, Massachusetts, Code Metal’s mission is to accelerate mission-critical industries with provably correct, automated code translation and optimization for any environment.
Funding Details
Company: Code Metal, Inc.
Raised: $36.5M
Round: Series A
Funding Date: November 2025
Lead Investor: Accel
Additional Investors: RTX Ventures, Bosch Ventures, Smith Point Capital, Overmatch VC, AE Ventures, Shield Capital, J2 Ventures, Fulcrum Venture Group, plus several notable individual investors
Company Website: https://www.codemetal.ai/
Software Category: AI Code Translation / Developer Tools / Safety-Critical Software Infrastructure
Source: https://www.prnewswire.com/news-releases/code-metal-raises-36-5-million-for-verifiable-ai-powered-code-translation-302613568.html