Peak XV-Backed AI Startup Blacksmith Raises $66M at $1B Valuation

21 Oct 2026, 9:30 pm · 15h ago · 1 min read · Inc42

Amount

$66M

Stage

Series C

Lead

Sequoia Capital

San Francisco-based AI code testing startup Blacksmith has raised $66 million in a Series C funding round led by Sequoia Capital, achieving unicorn status with a $1 billion valuation. Premji Invest, Peak XV Partners, Google Ventures, and Y Combinator also participated in the round. Founded in 2024 by Aditya Jayaprakash, Aayush Shah, and Aditya Maru, Blacksmith operates a specialised cloud platform for automated software testing. The startup plans to expand its engineering team and scale its compute footprint fivefold across US and European data centers by 2027 to meet enterprise demand.