Hang Ten Systems secures $32M seed round to bring AI-native services to enterprise IT

A new Palo Alto startup wants to make the traditional IT services industry look like a fax machine. Hang Ten Systems, founded by former Infosys CEO Dr. Vishal Sikka, has closed a $32 million seed round led by Mayfield, with Aramco Ventures and a group of angel investors also participating. The company, which launched just weeks ago, says it has already landed multiple seven-figure enterprise contracts. The pitch: AI replaces the outsourcing army The company’s approach centers on what it calls agentic code generation and reusable skills libraries. In practical terms, that means deploying AI agents that can write, test, and ship software with minimal human oversight, while building up a library of domain-specific capabilities that improve over time. Sikka isn’t building this alone. His co-founder Navin Budhiraja serves as CTO, and the company’s board includes Jerry Yang, the co-founder of Yahoo. Early customers and enterprise validation The company has secured contracts with Siemens Gamesa Renewable Energy and Fresenius, both major European industrial players with complex IT needs. The company’s initial engagements span finance, HR, and product development functions. Sikka’s second a...