Brett Adcock's AI lab Hark raised $700 million in a Series A at a $6 billion post-money valuation, the company announced last week. Parkway Venture Capital led the round. Every chipmaker that matters joined.
Who's In the Cap Table
Alongside Parkway, the syndicate spans:
- Strategic chip and platform investors: Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, Salesforce Ventures
- Generalist late-stage capital: ARK Invest, Brookfield, Greycroft, Align Ventures, Prime Movers Lab, Tamarack Global
That mix is unusual at Series A — having Nvidia, AMD, Intel, and Qualcomm all on the same line typically does not happen until a company is closer to a hardware launch. Hark already operates a data center powered by Nvidia B200 GPUs and employs 70 people.
What Adcock Is Building This Time
Hark is Adcock's third company in five years. The first was Figure, the humanoid robotics company now valued in the tens of billions. The second was Archer Aviation, the publicly traded eVTOL maker. Hark launched in late 2025 with $100 million of his own capital and a stated goal of building what TechCrunch describes as a "universal" AI interface — agentic models plus hardware devices that sit between users and their digital lives.
The company plans to release its first multimodal models this summer, with hardware following. The TechCrunch piece notes the obvious privacy question: an assistant that needs full context on a user's life also needs a posture on the people around that user who never consented to be context.
Where It Fits
The Hark round lands in the same week that Anthropic surfaced its Memory Files architecture for Claude and that OpenAI's enterprise revenue keeps compounding. The bet across all three is the same: the next assistant will not be a chat window. It will be something with persistent memory of you, an agentic loop that can act, and — for Adcock and Sam Altman both — a device that lives outside the phone. Adcock has now raised over $800 million for a company that is twelve months old. The runway question is solved. The product question starts this summer.
Comments