Hang Ten Systems raises another $53M seed as total funding hits $85M

Hang Ten Systems, the enterprise AI services company founded by former Infosys CEO Vishal Sikka, announced an additional $53 million in seed funding led by Xora, a Temasek-backed fund, bringing total funding to $85 million. Mayfield, which led the first seed, and Aramco Ventures also participated. Yahoo co-founder Jerry Yang joined the board. The company says the two seed rounds closed five weeks apart and that it has signed several multi-million-dollar enterprise contracts in that window.

FINANCE desk — same-day primary that a former Infosys CEO’s enterprise-AI services shop closed a second large seed in five weeks, with Temasek’s Xora leading and a high-profile board add, while claiming multi-million-dollar enterprise contracts already in flight.

The additional seed was led by Xora, which the wire calls a Temasek-backed fund. Temasek is Singapore’s state investment company. Mayfield, which led the company’s first seed, and Aramco Ventures also participated. The company says the two seeds bring total funding to $85 million. None of those was printed.

Board add, still company: Yahoo co-founder Jerry Yang, also named as founding partner of AME Cloud Ventures, joined the Hang Ten Systems board of directors. Other named investors in the company — not necessarily this tranche alone — include Lip-Bu Tan, listed as CEO of Intel, and Sanjay Mehrotra, listed as chairman and CEO of Micron Technology.

What the company says it is: an enterprise AI services shop. It provides advisory, transformation, and applied-AI services to large enterprises. The delivery model, as the same wire has it, is built on agentic code generation — software that writes and changes code with AI agents — a reusable skills library, and domain expertise. The company says it builds, changes, and runs enterprise software at lower cost and on shorter timelines than traditional systems integration. Named work areas: software development, finance and finance analytics, enterprise migrations, and human resources. “Lower cost” and “shorter timelines” are company positioning — not a desk benchmark.

Pace and contracts, still company: the two seed rounds closed five weeks apart. In that window, Hang Ten says it signed several multi-million-dollar contracts across advisory and development with global enterprises. Delivery is underway for several projects and has concluded for a few. Engagements span multiple industries and range from short advisory assignments to multi-year development programs. “several multi-million-dollar.”

Named customer and partner color on the same wire — company-attributed, do not independently certify: Hang Ten is working with Aramco on applications supporting its operations across several functions. Siemens Gamesa Renewable Energy is among the enterprises working with Hang Ten.

Use of funds, as the same wire has it: delivery capacity for engagements now underway; expansion of the engineering and consulting organization; continued development of the platform, infrastructure, and agentic skills library.

Named voices on the release: Dr. Vishal Sikka, founder and chief executive officer; Phil Inagaki, managing partner and chief investment officer at Xora; Mahdi Aladel, CEO of Aramco Ventures; and Vinod Philip, CEO of Siemens Gamesa Renewable Energy. Their other quotes are color only and stay in Sources. This is not investment advice.

Plain English for the rest of the card: seed = early venture money, not a later growth round. Temasek = Singapore’s state investment company; Xora is a fund it backs. agentic code generation = AI software that writes and changes code, not only a chat window. skills library = reusable job-specific AI tools the company says it applies across clients. enterprise AI services = hired help that advises, rebuilds, and runs company software with AI, rather than selling one off-the-shelf app. board of directors = the group that oversees the company; Yang joining is a governance add, not a new round by itself.