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

Hang Ten Systems, founded four months ago by former Infosys CEO Vishal Sikka, extended its seed round by $53 million, just five weeks after the first $32 million. Total funding reached $85 million; the round was led by Xora (Temasek), with Mayfield, Aramco Ventures, and Intel and Micron executives participating.

• Hang Ten total funding reached $85 million
• Round led by Xora, a Temasek platform
• Startup works with 21 large enterprises, including Saudi Aramco
• Staff of 20–25 in the U.S., Middle East and Australia