Vishal Sikka launches Hang Ten Systems with $32M seed round

Economic Times reported that former Infosys CEO Vishal Sikka has launched Hang Ten Systems, a Palo Alto-based enterprise AI startup, and raised $32 million in seed funding led by Mayfield. The company is focused on helping large corporations translate AI investments into measurable business outcomes. Saudi Aramco venture arm Aramco Ventures is also backing the startup, and Yahoo cofounder Jerry Yang has joined the board. Sikka said Hang Ten has already started working with large enterprises including Fresenius and Siemens Energy.

Key details: Last updated June 24, 2026 at 20:51 IST, Hang Ten Systems raised $32 million in seed funding, Mayfield led the round, Aramco Ventures is also backing the company.

Why it matters: Enterprise AI spending is shifting toward implementation and measurable outcomes, which is exactly where ex-services and enterprise-software leaders are trying to build new companies.