Former Infosys chief’s AI startup nabs another $53M
# Former Infosys chief’s AI startup nabs another $53M The fresh investment, led by Temasek’s early-stage investment platform Xora, takes Hang Ten’s total funding to $85 million. Other investors include Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang, who is also on its board. Within 25 days of the first meeting with one customer, Hang Ten signed a multimillion-dollar contract to build a mission-critical software system, Sikka said, adding that he had never seen enterprise deals move that quickly. Sikka declined to disclose Hang Ten’s valuation but said the second round of seed funding was a bump up. Increase Volume↑ It raised [$50 million in seed funding](https://techcrunch.com/2019/09/20/vianai-emerges-with-50m-seed-and-a-mission-to-simplify-machine-learning-tech/) and later [raised $140 million](https://techcrunch.com/2021/06/16/softbank-vision-fund-2-leads-140-million-investment-in-vishal-sikkas-vianai/) in a 2021 round led by SoftBank Vision Fund 2. _When you purchase through links in our articles, [we may earn a small commission](https://techcrunch.com/techcrunch-affiliate-monetization-standards/)._