# Peter Morales

> Peter Morales is the CEO and co-founder of Code Metal, a Boston-based AI company that hit unicorn status in February 2026 after raising a $125M Series B led by Salesforce Ventures. With a background spanning BAE Systems (F-35 ML optimization), MIT Lincoln Laboratory (counter-drone AI), and Microsoft (HoloLens computer vision), Morales built Code Metal to solve a gap he discovered firsthand: AI can generate code fast, but mission-critical industries — defense, automotive, semiconductors — need proof that code is correct before it ships. Code Metal's verifiable AI platform translates high-level code into hardware-optimized, mathematically verified production code for edge devices, drones, FPGAs, and autonomous systems. Customers include the U.S. Air Force, L3Harris, Raytheon, Toshiba, and Bosch.

- **Role:** CEO and Co-Founder at Code Metal
- **Organizations:** Code Metal, Gamebeast (board member)
- **Nationality:** American
- **Education:** Bachelor of Science, Physics, Florida State University, Electrical & Computer Engineering, Worcester Polytechnic Institute, Advanced Study Program, MIT
- **Known for:** Built Code Metal from founding to unicorn ($1.25B valuation) in under 3 years, Secured contracts with U.S. Air Force, L3Harris, Raytheon, Toshiba, Bosch, and Boeing, Raised $177.65M total funding across pre-seed, seed, Series A, and Series B rounds

## Career timeline

- **pre-2020** — Senior Research Engineer at BAE Systems - optimized ML algorithms for the F-35 jet fighter to counter enemy radar
- **pre-2020** — Mixed Reality Engineer at Microsoft - developed computer vision programs for the HoloLens augmented reality headset
- **pre-2022** — AI researcher at MIT Lincoln Laboratory - built AI systems including counter-drone technology protecting the US Capitol
- **2021-2022** — Founded Mint State Labs, a web3/gaming creator tools company; part of first TechStars web3 cohort, funded by Protocol Labs
- **2022-12** — Mint State Labs acquired by Orange Comet; became CTO at Orange Comet
- **2023** — Co-founded Code Metal with Alex Showalter-Bucher and Octavian Udrea
- **2023** — Pre-seed round: $3.45M led by J2 Ventures
- **2024-07** — Code Metal publicly launched with $16.5M seed funding led by Shield Capital
- **2025-11** — Series A: $36.5M led by Accel at $250M valuation
- **2026-02** — Series B: $125M led by Salesforce Ventures at $1.25B valuation - unicorn status achieved

## Achievements

- Built Code Metal from founding to unicorn ($1.25B valuation) in under 3 years
- Secured contracts with U.S. Air Force, L3Harris, Raytheon, Toshiba, Bosch, and Boeing
- Raised $177.65M total funding across pre-seed, seed, Series A, and Series B rounds
- Developed AI systems at MIT Lincoln Laboratory for counter-drone defense of US Capitol
- Contributed to HoloLens computer vision at Microsoft
- Optimized ML algorithms for the F-35 fighter jet at BAE Systems
- Led first web3 TechStars cohort with Mint State Labs (Protocol Labs funded)

## Latest updates

- **2026-02** — Code Metal closes $125M Series B led by Salesforce Ventures at $1.25B valuation; Ryan Aytay (ex-Tableau CEO) joins as President and COO
- **2025-11** — Code Metal raises $36.5M Series A led by Accel at $250M valuation; CNBC covers the round
- **2025-12** — Peter Morales featured on The Lantern Podcast discussing Code Metal's mission and edge AI

## Links

- Website: https://codemetal.ai
- LinkedIn: https://www.linkedin.com/in/io-peter-morales/
- Twitter/X: https://x.com/PeterMoralesX

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Profile page: https://yespress.io/peter-morales
Published by YesPress — https://yespress.io
Last updated: 2026-05-11