Code Metal
Recipient: CODE METAL, INC. · UEI K3ZYBLDXBBM4
About $8.64 raised for every $1 obligated. 100% of it came through prime contracts.
Capital raised
$178.0M
Federal obligations, FY2020–FY2026
$20.6M
Raised per $1 obligated
8.6×
Latest valuation
$1.3B
Series B, Feb 2026
Obligations by fiscal year
Prime contracts Other Transactions Subawards
Contract mix
- Prime contracts
- $20.6M
- Other Transactions
- $0
- Subawards
- $0
Cite this: Defense Tech Signals, "Capital vs. Contracts: Code Metal," data as of 2026-11-08, https://data.defensetechsignals.com/c/code-metal/.
Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: SVDG 2026 report total, plus later announced rounds. Obligations last refreshed 11/5/2026.