Hark raises $700 million Series A

Hark said on May 21 that it raised more than $700 million in Series A funding, one of the largest early-stage financings disclosed this year, as Brett Adcock’s new company pushes into AI models and hardware. The startup said the round valued it at $6 billion post-money. Hark described itself as an AI lab building “advanced personalized intelligence” and said it is developing both multimodal models and native hardware devices. Adcock, who also founded Figure AI and Archer Aviation, is leading the company. ### Who put up the money? Parkway Venture Capital led the round, according to Hark’s announcement, and the investor list included Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, Salesforce Ventures, ARK Invest, Brookfield, Greycroft, Prime Movers Lab, Align Ventures and Tamarack Global. TechCrunch, citing the company, reported the financing as a Series A for an AI personal-assistant effort that combines models and hardware. StartupWired separately reported the same funding size and said the raise valued Hark at about $6 billion. ### What does Hark say it is building? Hark said it is building multimodal AI systems and hardware devices meant to act as a “universal interface” between humans and machines. The company said its products are intended to support speech, vision and memory, and described the effort as personalized AI rather than a general-purpose chatbot alone. Intel Capital, which posted the company announcement on its site, said Hark is developing “highly intelligent, multimodal AI systems” and “native hardware devices” designed to work together. Hark said the hardware would follow its software and model releases. ### Why is Brett Adcock central to this deal? Brett Adcock seeded Hark with $100 million of his own capital in late 2025, according to reports published after the financing was announced. Business Insider described Hark as Adcock’s next major bet after Figure AI, the robotics company he leads, and Archer Aviation, the electric aircraft startup he co-founded. Hark has not released a product yet, and several reports described the company as operating in stealth. That has put unusual weight on Adcock’s track record and his ability to attract both strategic chip investors and large financial backers at the Series A stage. ### How unusual is a $700 million Series A? Hark’s financing stands out because Series A rounds are typically much smaller than later-stage financings. Briefs, citing the company announcement and investor list, said the raise was far above the usual early-stage range and came before any public product launch. The structure also drew attention because the investor roster included major semiconductor and platform companies. Nvidia, AMD, Intel and Qualcomm all joined the round, linking Hark’s fundraising to the broader race to back AI systems that could drive future hardware demand. ### What has the company disclosed about timing? Hark said its first AI models are expected this summer, according to post-announcement coverage citing the company. Reports also said AI-native hardware devices would come after the model rollout, though the company has not given a launch date or product specifications. Qatalyst Partners advised Hark on the transaction, according to the company announcement. The next public milestone is expected to be the company’s first model release this summer, followed by more detail on the hardware system Hark says it is building.