Former Infosys CEO's AI startup Hang Ten adds $53M just five weeks after initial seed

Former Infosys chief’s AI startup nabs another $53M

Hang Ten Systems, founded in May by ex-Infosys CEO Vishal Sikka, raised another $53M just five weeks after its initial $32M seed, bringing total funding to $85M. The Palo Alto startup advises companies with $10B+ revenue on AI strategy and software delivery, and says it already landed multiple seven-figure enterprise contracts. Temasek's Xora led the new round, with Mayfield, Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang also participating. Valuation and client names are not disclosed.