[Blacksmith Completes $45 Million Series B Funding Round, Valued at $550 Million] According to TechCrunch, AI code verification startup Blacksmith has completed a $45 million Series B funding round, led by Peak XV Partners, with GV and Y Combinator participating. The company is now valued at $550 million. Founded in 2024, Blacksmith primarily focuses on verifying the quality of AI-generated code. Competitors include GitHub Actions, Cursor Automations, and code verification features integrated into Codex and Claude Code. The new funding will be used to expand its suite of development tools, helping developers streamline software writing, verification, and merging processes.