Dr. Vishal Sikka, the former CEO of Infosys and a veteran of SAP’s executive board, just pulled $32 million in seed funding for his latest venture. Hang Ten Systems, a Palo Alto-based enterprise AI services firm, wants to fundamentally change how large companies build, modify, and run their software.
The round was led by Mayfield, with participation from Aramco Ventures and a group of angel investors. Mayfield is led by Navin Chaddha, a former classmate of Sikka from Stanford. Seasoned board member Jerry Yang also adds credibility and enhances the network of influence for Hang Ten Systems.
What Hang Ten actually does
Hang Ten uses agentic code generation and a reusable skills library to do the work faster and cheaper. Agentic AI systems can take a high-level instruction, break it into subtasks, execute them, and iterate, all with minimal human intervention.
Sikka has assembled a core team drawn from SAP, Infosys, and VianAI, his previous AI venture. Early client engagements with Fresenius and Siemens Energy suggest the company isn’t starting small. Both are multinational industrial giants with complex IT environments.
