Thursday, June 25, 2026: Enterprise AI veteran and former Infosys CEO Vishal Sikka is back in the game with a new startup aiming straight at the heart of the multibillion-dollar IT services market. Hang Ten Systems announced a $32 million seed round led by Mayfield, with strategic capital from Aramco Ventures.
Vishal Sikka Launches AI-Native IT Venture
While Vishal Sikka’s previous venture, VianAI (which raised $190M+), focused on decision-making analytics, Hang Ten targets AI-driven development and automation. The company wants to change how enterprises build, modify, and operate software.
The structural pitch here is what caught Mayfield’s attention. Instead of the traditional agency model where revenue scales linearly with engineering headcount, Hang Ten is building an architecture around agentic code generation and reusable AI skills. The goal is exponential leverage with every new project.
The timing is critical. Traditional tech services are facing an existential valuation squeeze as Wall Street fears AI disruption. By securing early enterprise clients like Siemens Gamesa and Fresenius within just a month of operations, Hang Ten is proving that Fortune 500 companies are ready to bypass traditional tech-consulting legacy systems for automated, AI-native alternatives.
