Blitzy, founded by former NVIDIA architect, raises $200 million in funding

According to Techfundingnews, Blitzy, an AI coding company co founded by former Nvidia architect Sid Pardeshi, announced a $200 million funding round, led by Northzone and with participation from Battery Ventures, Jump Capital, Morgan Creek Digital, and others. The Blitzy platform can parse complex systems with over 100 million lines of code and perform development, testing, and validation tasks in parallel through thousands of AI agents. The new funds will be used to expand research and market development, with a focus on serving highly regulated industries such as finance.