AI startup Hark completes $700 million Series A funding with a valuation of $6 billion, led by Parkway Venture Capital

AI startup Hark announced the completion of a $700 million financing round, with a post-money valuation of $6 billion. This round is Series A financing, led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Qualcomm Ventures, Salesforce Ventures, and others.

Hark stated that it will use the funds to expand GPU infrastructure, accelerate the development of large models, grow its team from about 70 people to 200 engineers, and develop next-generation AI hardware, aiming to create a personal intelligent system capable of voice interaction, visual understanding, persistent memory, and high personalization.