AI startup Hark announced in May 2026 that it has raised $700 million in a Series A round, valuing the company at $6 billion post-money. The round was led by Parkway Venture Capital and included Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global.
Hark was founded in late 2025 by Brett Adcock — who previously founded robotics company Figure.AI and electric aircraft builder Archer — with $100 million of his own capital. The company is developing an agentic AI system described as a universal interface with the digital world. It currently employs 70 people and operates a data center equipped with Nvidia B200 GPUs.
The company plans to release its first multi-modal models this summer, which it says will power a personal AI platform that works with existing products and services. Hardware devices built specifically for those systems are expected to follow. Hark says the new funding will go toward recruiting talent in hardware, product design, and AI research, as well as securing compute and components.
Abidur Chowdhury, a former Apple product executive serving as Hark’s director of design, said investor interest was driven by internal demos from his team. He pointed to a gap in the current AI market. “People are really building things to help people make software, and it’s working, and it’s really impactful, but we haven’t really seen that for the normal person yet,” Chowdhury said. He noted that Anthropic is prioritizing coding tools and OpenAI is moving in a similar direction, leaving few companies focused on consumer-facing interfaces and native hardware.
Despite the large fundraise, Hark has disclosed little about its specific product. One open question is how the company plans to deliver personal context to an AI assistant without compromising the privacy of people around the user — a challenge that existing wearables have not resolved. Chowdhury did not address the issue directly, suggesting only that it “would make a great product.”
Source: TechCrunch