🚀 Blacksmith Raises $45M in Series B at $550M Valuation

AI code-testing company Blacksmith has completed a $45 million Series B funding round, led by Peak XV Partners, with participation from GV and Y Combinator.

💰 Key highlights:
‱ Series B funding: $45M
‱ Total funding: $58.5M
‱ Valuation: $550M, up from $60M in Series A
‱ Founded: 2024
‱ Customers: 700+ → 5,000+
‱ Annual revenue: Tens of millions of dollars
‱ Employees: ~10 → ~30

Blacksmith helps businesses build, test, and validate software code, and plans to expand its coding tools so developers can write, validate, and merge software faster.

đŸ”„ Why this matters for crypto & Web3:
The growing investment in AI-powered developer infrastructure highlights increasing demand for tools that make software development faster and more reliable. As AI and blockchain development continue to converge, developer tooling could become an increasingly important part of the broader Web3 infrastructure ecosystem.

📌 $550M valuation from $60M in Series A is the headline number to watch.
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This post is for informational purposes only and is not financial or investment advice.