Hang Ten Systems added $53M to its seed funding. Total funding now stands at $85M. The round was led by Temasek’s Xora. Mayfield, Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang also invested. Vishal Sikka founded the startup in May. It advises large enterprises on AI strategy and builds software. Hang Ten signed multimillion-dollar contracts within months of launch. It now works with 21 major enterprises across the U.S., Europe, the Middle East, and Asia. Customers include Fresenius Kabi, Saudi Aramco, and Siemens Energy. The startup plans to hire in Europe and India. It uses an in-house framework called Hobie for enterprise AI projects. Hang Ten claims a 10-fold improvement in cost or speed for customers.
What changed
Hang Ten had raised $32M in its initial seed round five weeks prior.
What it unlocks
Expanding engineering, consulting, and sales teams globally.
- $53M added to seed
- $85M total funding
- 20-25 employees
- 21 major enterprises as customers
Sources