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Hark funding, valuation and investors
Brett Adcock's AI lab building multimodal personal intelligence plus purpose-built hardware devices.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$700M+ · May 2026
Latest known valuation
$6B post-money
Series A · May 2026
Total disclosed equity funding
$100M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · San Jose, California
Investors in latest funding
Lead: Parkway Venture Capital
Other: Greycroft , NVIDIA , AMD Ventures , Intel Capital , Qualcomm Ventures , Salesforce Ventures , ARK Invest , Brookfield , Prime Movers Lab
Overview
Hark is a San Jose–based AI lab founded in late 2025 by serial entrepreneur Brett Adcock (Figure AI, Archer Aviation, Vettery) to build personalized, agentic AI paired with native hardware. Adcock seeded the company with $100M of personal capital before raising $700M+ in an oversubscribed Series A at a $6B post-money valuation in May 2026, led by Parkway Venture Capital. The team of ~70 (targeting 200) includes hardware engineers from Apple, Tesla, and Meta and AI researchers from Meta's Superintelligence Lab. Hark trains multimodal foundation models at an Nvidia B200 data center and plans to release software and models in summer 2026, followed by a family of AI-native devices distinct from phones, wearables, and smart glasses.
Why Hark is interesting
Hark raised one of the largest Series A rounds ever ($700M at $6B) with Nvidia, AMD, Intel, and Qualcomm all on the cap table — a vertically integrated bet on consumer AI hardware before shipping a product.
Product & use cases
Hark is building the full stack — foundation models, agentic software, and custom hardware — for a proactive personal AI that listens, sees, remembers context, and acts across users' digital services. First software release planned summer 2026; hardware devices designed in tandem with models.
- Always-on personal assistant offloading mental workload across apps and services
- Multimodal interaction via speech, vision, and persistent memory
- Home and personal AI-native devices beyond smartphone form factors
- Strategic chip partners validating next-generation consumer AI compute demand
Key facts
- Series A (May 2026): $700M+ at $6B valuation led by Parkway Venture Capital — company announcement
- Founder Brett Adcock previously built Figure AI (humanoids) and Archer Aviation (eVTOL)
- ~70 employees with hardware hires from Apple, Tesla, Meta; B200 GPU data center for training
- First multimodal models planned summer 2026; AI-native hardware to follow
- Greycroft (/fund/greycroft) among disclosed Series A participants
Funding history (newest first)
Series A
2026-05 $700M+ Valuation: $6B post-money- Parkway Venture Capital (lead)
- Greycroft (participant)
- NVIDIA (participant)
- AMD Ventures (participant)
- Intel Capital (participant)
- Qualcomm Ventures (participant)
- Salesforce Ventures (participant)
- ARK Invest (participant)
- Brookfield (participant)
- Prime Movers Lab (participant)
Source: https://hark.com/articles/hark-announces-usd700-million-fundraising-round
Seed (founder capital)
2025 $100M- Brett Adcock (founder) (lead)
Investors in our directory
Funds linked from Hark's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Vertically integrated stack with strategic backing from every major consumer silicon vendor — Nvidia, AMD, Intel, Qualcomm — plus a proven hardware founder who scaled Figure and Archer.
Consumer AI hardware has produced more hype than breakout products. Hark's bet is that only a full-stack lab — models, software, silicon-optimized hardware — can deliver an assistant that feels essential rather than gimmicky. The $700M Series A and chip-maker syndicate signal strategic optionality, but execution risk remains high with minimal public product detail.
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Apple Intelligence / Siri incumbent
Deep device integration and installed base; Hark bets dedicated AI-native hardware can leapfrog phone-embedded assistants.
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Humane AI Pin direct
Prior consumer AI device attempt struggled commercially; Hark aims for tighter model-hardware co-design.
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OpenAI (ChatGPT hardware ambitions) adjacent
OpenAI exploring devices with Jony Ive; competes for category-defining personal AI interface.
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Rabbit R1 direct
Early AI device with mixed reception; Hark raises orders of magnitude more capital for integrated stack.
Notable stories
- Brett Adcock left Figure AI to start Hark after finding existing LLM chatbots 'incredibly dumb' compared to his sci-fi vision of AGI — he posted the launch on LinkedIn after eight months in stealth (March 2026).
- The Series A included Nvidia, AMD, Intel, and Qualcomm simultaneously — an unusually broad chip syndicate betting on a flagship consumer AI device category.
Industries
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