What happened
Blacksmith offers a platform that lets companies build and test AI code more effectively. The company announced a $66 million Series C round led by Sequoia.
A $1 billion valuation
The round lifts Blacksmith's valuation to $1 billion, putting it in the so-called unicorn club.
Why it matters
As AI-assisted code generation spreads, verifying and testing the resulting code has become a separate need. Blacksmith sits squarely in that space, and the investment shows interest in AI coding tools remains strong.
