Hang Ten Systems, AI startup founded by former Infosys CEO, raises additional $53 million

Hang Ten Systems, founded by Vishal Sikka four months ago, has closed a second seed round of $53 million just five weeks after its initial $32 million raise, bringing total funding to $85 million.

A neutral summary of Former Infosys chief’s AI startup nabs another $53M, published by TechCrunch. Summarised for the Ceeve reading list; the original reporting is TechCrunch's.

Hang Ten Systems, founded by former Infosys CEO Vishal Sikka in May 2026, closed a second seed funding round of $53 million, just five weeks after its initial $32 million raise. The round was led by Temasek's early-stage investment platform Xora, with participation from Mayfield, Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang. Total funding now stands at $85 million.

Hang Ten advises large enterprises with over $10 billion annual revenue on AI strategy and develops software, targeting companies across the U.S., Europe, the Middle East, and Asia. The startup has secured multiple seven-figure contracts with customers including Fresenius Kabi, Saudi Aramco, and Siemens Energy, with eight-figure deals in pursuit. Sikka reported that one customer signed a multimillion-dollar contract within 25 days of initial meetings, unusually fast for enterprise deals.

The Palo Alto-based startup currently employs 20 to 25 people and plans to expand engineering, consulting, and sales teams whilst hiring in Europe and India. Hang Ten competes with traditional systems integrators and aims to differentiate through an in-house framework called Hobie that packages reusable AI capabilities for regulated industries. For job-seekers in enterprise software and AI consulting, Hang Ten's expansion signals growing demand that Ceeve can help candidates target through tailored applications.

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