AI Infrastructure Market: Hang Ten Systems Raises Additional $53M Seed Funding

Hang Ten Systems, an AI startup founded by former Infosys CEO Vishal Sikka, has secured an additional $53 million in seed funding, just five weeks after its initial $32 million seed round. The new investment was led by Xora, Temasek's early-stage investment platform, bringing total funding to $85 million. Mayfield, which led the earlier round, also participated, alongside Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang. Hang Ten advises large enterprises (with over $10 billion in annual revenue) on AI strategy and helps build and modernize software, claiming significant cost and speed improvements. The startup has already signed multiple seven-figure contracts and is pursuing eight-figure deals, working with 21 major enterprises including Fresenius Kabi, Saudi Aramco, and Siemens Energy. It plans to expand its engineering, consulting, and sales teams.