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Series AAI · United States

Hark raises more than $700m Series A at a $6bn valuation

Brett Adcock's new AI company drew Parkway Venture Capital as lead and four chip companies' investment arms, Nvidia, AMD, Intel and Qualcomm, about two months after leaving stealth and before shipping a product.

s/rFunding deskNorth America · 2 min read

Hark, the artificial intelligence company founded by Brett Adcock, said on 21 May 2026 that it had raised more than $700m in a Series A round at a $6bn post-money valuation. The company described the round as oversubscribed.

Parkway Venture Capital led the round. NVIDIA, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures and Tamarack Global also took part. Qatalyst Partners advised Hark on strategy and finance for the deal.

Bloomberg first reported the round, according to The Next Web. The announcement, datelined San Jose, California, came about two months after Hark came out of stealth, The Next Web reported.

“This funding helps us put that in people's hands quickly and at scale.”Brett Adcock, Founder and CEO, Hark

What Hark does

Hark is building multimodal AI systems together with its own hardware devices, which it presents as a universal interface between people and machines. Instead of working on one layer of the AI stack, the company said it develops foundation models, software, hardware and new interfaces together, with a focus on personalised AI that acts proactively and interacts through speech, vision and memory.

The company said it planned to release its AI models later this summer, giving early users access to its personal AI platform, and to follow with AI-native hardware devices. According to The Next Web, Hark had not disclosed the form factor or price of its hardware, the market it would launch in, or any customers.

Who is behind it

Adcock is Hark's founder and chief executive. He also runs Figure, the humanoid robot maker, and remains its chief executive. The Next Web reported that he earlier co-founded the recruiting marketplace Vettery, which was sold to Adecco for $100m, and founded Archer Aviation, which went public through a SPAC merger in 2021.

Hark was founded in late 2025, and Adcock first paid for it himself, putting in $100m of his own money, according to The Next Web. Writing in December 2025, the technology blogger Mike Kalil reported that Hark's compute cluster had just gone live and that Adcock would lead both Figure and the new lab. Hark has not said how many people it employs.

Who invested and what the money is for

The investor list includes the investment arms of four chip companies, Nvidia, AMD, Intel and Qualcomm, alongside venture firms such as Greycroft and Prime Movers Lab, ARK Invest, the asset manager Brookfield and Salesforce Ventures. No investor disclosed the size of its stake.

Hark said the money would speed up work on its personalised intelligence and its next generation of hardware. The company did not disclose revenue, which is consistent with it not yet having released a product.

"We're building the AI that everyone deserves but no one has built yet — one that actually knows you, speaks your language, is highly personalized, and lives on hardware made for you," Adcock said in the announcement. He added that the funding would help the company get its products to people quickly and at scale.

Company website: hark.com