Hark, a company building multimodal personal intelligence platforms with bespoke AI hardware, has raised $700 million in Series A funding. The round values the firm at $6 billion post-money and was led by Parkway Venture Capital with participation from NVIDIA, AMD Ventures, ARK Invest, and Intel Capital. Hark develops end-to-end speech, text, and vision models alongside agentic computers that use personalized persistent memory to anticipate user needs.
AI Hardware Funding Wave Accelerates
The timing aligns with a surge in AI hardware investments. AI hardware startups have raised $2.3 billion year-to-date in 2026. Hark's approach emphasizes proprietary multimodal models and proactive memory systems rather than relying on third-party large language models.
Personal AI Market Expands Rapidly
Demand for screenless, proactive personal AI that integrates vision, speech, and memory is driving growth. The broader artificial intelligence market is projected to reach $335.29 billion in 2026 and grow to $1.30 trillion by 2032. Personal AI assistants represent a key segment, with the space expected to scale from $2.23 billion in 2024 to $56.3 billion by 2034.
Full-Stack Approach to Agentic Systems
Hark builds native hardware devices and custom models to deliver anticipatory intelligence. This full-stack strategy differentiates it from peers focused on narrower recording or productivity tools. The platform aims to offload mental workload through natural interfaces that think and act ahead of the user.
As founder Brett Adcock noted in coverage:
"Toward this goal, we've raised our Series A at a $6 billion post-money valuation."
Strategic Investors Signal Compute Demand
Parkway Venture Capital led the oversubscribed round, joined by major chipmakers including NVIDIA and AMD. Their involvement underscores expectations of heavy GPU usage and ecosystem integration for Hark's hardware ambitions. ARK Invest and Intel Capital add further validation for the AI hardware thesis.
Broader AI Capital Inflows Drive Sector
The raise occurs amid record AI funding, with $171 billion flowing to AI startups in February 2026 alone. This capital concentration highlights investor conviction in frontier personal AI interfaces. Hark previously raised a $100 million seed round and maintains a low public profile while advancing its AI lab.
Leadership Ties to Robotics and AI
Founder Brett Adcock previously launched Figure AI, which has raised nearly $2 billion for humanoid robotics. His background brings synergies between robotics and advanced agentic capabilities to Hark's personal intelligence platform.