Skip to main content

Code Metal

Category: AI Developer Tools

An AI-powered development platform that provides verifiable code translation and optimization for edge computing and mission-critical systems, automatically converting high-level programming languages to hardware-specific code with formal verification guarantees. Code Metal was founded in 2023. The company is led by Peter Morales. Based in Boston, United States. Team size: 40-100. Total funding raised: $181.45M. Latest round: Series B ($125M, Feb 2026). Key investors include ["Salesforce Ventures (Series B lead)","Accel (Series A lead)","Shield Capital (Seed lead)","J2 Ventures (Pre-seed lead)","RTX Ventures","Bosch Ventures","B Capital","Smith Point Capital","Overmatch VC"].

Founded
2023
Headquarters
Boston, United States
Team size
40-100
Total funding
$181.45M

Value proposition

Accelerates edge computing development by automating code translation from research languages (Python, Julia, MATLAB) to production-ready code for specialized hardware while providing formal verification guarantees that eliminate bugs and ensure regulatory compliance—reducing development time from months to days in mission-critical environments.

Products and solutions

["Verifiable Code Translation Platform","Legacy Code Modernization Engine","Edge Computing Deployment Suite","Cross-Platform Code Optimization Tools","Automated Test Harness Generation System","Hardware-Specific Code Generation (CUDA, VHDL, Rust, C/C++)"]

Unique value

First platform to combine large language models (LLMs) with formal verification methods, ensuring AI-generated code translations are mathematically proven correct rather than just statistically likely to work—critical for defense and safety-critical applications where bugs can be catastrophic.

Target customer

Defense contractors, semiconductor manufacturers, automotive OEMs, aerospace companies, and government agencies requiring rapid edge computing deployment with strict safety and compliance requirements

Industries served

["Defense & National Security","Semiconductor & Chip Manufacturing","Automotive & Autonomous Vehicles","Aerospace & Aviation","Industrial Automation & Robotics"]

Technology advantage

Integrates LLM-based code generation with static analysis, automated test harnesses, and formal methods to create a divide-and-conquer approach: AI handles high-level reasoning while program analysis ensures low-level verification. Platform segments codebases into verifiable components and generates traceable translation plans, achieving zero-error translations for deployed pipelines while enabling code portability across chip vendors to break hardware lock-in.

How they differentiate

First platform to combine LLM-based code generation with formal verification methods, providing mathematical proof of correctness for AI-generated code translations. Unlike standard AI code generators that rely on statistical likelihood, Code Metal guarantees zero-error translations for mission-critical defense, aerospace, and safety-critical applications through provably correct outputs.

Main competitors

["GitHub Copilot","Amazon CodeWhisperer","Cursor","Anthropic Claude Code","Semgrep","CodeRabbit","Qodo"]

Key partnerships

["L3Harris Technologies (defense contractor)","RTX Corporation/Raytheon (defense systems)","U.S. Air Force (government/military)","Toshiba Corporation (semiconductors)","X-Press Feeders (maritime logistics)","Unidentified major chip manufacturer (in negotiations for chip portability)"]

Notable customers

["L3Harris Technologies (defense contractor)","RTX Corporation/Raytheon (defense systems)","U.S. Air Force (government/military)","Toshiba Corporation (semiconductors)","X-Press Feeders (maritime logistics)"]

Major milestones

["Founded in 2023 by Peter Morales","Pre-seed funding of $3.45M led by J2 Ventures (Dec 2023)","Seed funding of $13M led by Shield Capital (Jul 2024)","Series A funding of $36.5M led by Accel at $250M valuation (Nov 2025)","Series B funding of $125M led by Salesforce Ventures at $1.25B unicorn valuation (Feb 2026)","Achieved 'Awardable' status in DoD's CDAO Tradewinds Solutions Marketplace (Mar 2025)","Appointed Ryan Aytay (former Tableau CEO) as President/COO (Feb 2026)","Appointed Laura Shen (former NSC Director for China) as SVP of Growth (Apr 2025)"]

Growth metrics

Achieved unicorn status ($1.25B valuation) within 3 years of founding. Profitable with eight-figure annual revenue. 100% pilot-to-deployment conversion rate. Deployed across multiple Fortune 500 defense contractors and government agencies.

Market positioning

Premium enterprise AI code translation platform specifically designed for mission-critical and regulated industries (defense, aerospace, semiconductors, automotive). Positions as the 'trust layer' for AI code generation in high-stakes environments where bugs can be catastrophic, commanding premium pricing and serving as the only verified solution for edge computing deployment.

Geographic focus

United States (primary market), with strong focus on defense contractors and government agencies. Based in Boston, Massachusetts with strategic partnerships across major US defense hubs and semiconductor manufacturing centers.

Patents and IP

2 patents filed (verified via CB Insights); specific patent details not publicly disclosed

About Peter Morales

AI Research Scientist with over 15 years of experience in defense applications. Previously developed AI systems for F-35 jet fighter at BAE Systems, optimizing machine learning algorithms to counter enemy radar. Worked at Microsoft on HoloLens computer vision programs and at MIT Lincoln Laboratory on national security projects including AI systems to counter drone attacks. Successfully founded a prior VC-backed company that was acquired.

Official website: