Brookfield Joins $700M Series A Valuing Hark at $6 Billion
Brookfield participated in a $700 million Series A round for AI lab Hark, valuing it at $6 billion post-money. The funding will support Hark’s hiring, hardware development and compute infrastructure, enhancing Brookfield’s alternative asset portfolio in advanced AI technologies.
1. Investment Details
Brookfield Asset Management participated in a $700 million Series A round for AI lab Hark alongside Parkway Venture Capital and other strategic backers. The financing values Hark at $6 billion post-money and underscores strong support for its agentic AI interface vision.
2. Use of Proceeds
Hark plans to allocate the new capital toward AI research, hardware design and product development. The company will expand its team beyond the current 70 employees, invest in Nvidia B200 GPU compute capacity and accelerate multi-modal model releases this summer.
3. Implications for Brookfield
This investment enhances Brookfield’s exposure to high-growth AI technologies within its alternatives portfolio. Success of Hark’s consumer AI platform and specialized hardware could drive significant returns and reinforce Brookfield’s position in next-generation tech assets.