Hark Raises $700M Series A at $6B Valuation for AI Hardware

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Hark, an AI startup building models and hardware for a personal assistant, announced on May 21 that it raised US$700 million in a Series A funding round led by Parkway Venture Capital, valuing the company at US$6 billion post-money. Founder Brett Adcock, who previously started Figure AI and Archer Aviation, launched Hark in late 2025. The funding addresses the company's plan to develop AI models and hardware as an integrated stack, with multimodal models targeted for release this summer followed by purpose-built hardware devices.

Funding Details and Use of Capital

The US$700 million Series A was led by Parkway Venture Capital and included participation from Nvidia, Intel Capital, AMD Ventures, and Qualcomm Ventures—the venture arms of major semiconductor and mobile-chip companies.

Hark stated the funding will be allocated to three primary areas: hiring across hardware, design, and AI research; purchasing compute resources; and acquiring components for hardware development.

Product Roadmap

Hark plans to release multimodal models this summer, with hardware built for those systems to follow. The company describes its offering as an agentic system—software designed to take actions on a user's behalf—positioned as a "universal interface" for the digital world.

Details on the final product remain limited beyond investor demonstrations. The company currently operates a workforce of approximately 70 employees using Nvidia B200 GPUs in its data center.

Investor Composition and Background

Founder Brett Adcock's track record in hardware-intensive ventures shaped Hark's strategy to build AI models, software, and hardware as a unified platform. His previous companies—Figure AI, a humanoid robotics company, and Archer Aviation, an electric aircraft maker—established a pattern of integrated hardware-software development.

The investor lineup reflects confidence in the integrated hardware-software approach. The participation of Nvidia, Intel Capital, AMD Ventures, and Qualcomm Ventures alongside Parkway Venture Capital indicates backing from semiconductor and chip-focused investors alongside traditional venture capital.