💰Brett Adcock's Hark AI Hardware Startup Raises $700M
TL;DR
Hark, the AI hardware startup from Figure founder Brett Adcock, raised over $700M in a Series A valuing it at $6B. Parkway Venture Capital led, with Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, and Salesforce Ventures joining.
Hark, the AI hardware startup from Figure founder Brett Adcock, raised over $700M in a Series A valuing it at $6B. Parkway Venture Capital led, with Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, and Salesforce Ventures joining.
Key Points
Over $700M raised in a Series A; $6B post-money valuation
Led by Parkway Venture Capital, the same lead behind Figure
Chipmakers Nvidia, AMD, Intel, and Qualcomm all took stakes
Founder Brett Adcock previously built humanoid-robot maker Figure
Why It Matters
A $6B Series A before shipping product shows investors are paying frontier prices for AI-hardware bets tied to proven founders, not revenue.
Quick Facts
Frequently Asked Questions
Why does this matter?
A $6B Series A before shipping product shows investors are paying frontier prices for AI-hardware bets tied to proven founders, not revenue.
What happened?
Hark, the AI hardware startup from Figure founder Brett Adcock, raised over $700M in a Series A valuing it at $6B. Parkway Venture Capital led, with Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, and Salesforce Ventures joining.
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