Hypercubic Raises $5.3M Seed

Hypercubic, an artificial intelligence startup based in the United States, has raised $5.3 million in seed funding to help organizations modernize legacy COBOL applications using AI agents.

Investors

The round was led by CIV, with participation from Y Combinator, Afore Capital, Pioneer Fund, Multimodal Investors, and angel investors including Kaz Nejatian and Venky Harinarayan.

Hypercubic Use of Funds

Hypercubic plans to use the new capital to build out the capabilities of its AI agents and expand its capacity to serve a larger number of enterprise customers.

About Hypercubic

Founded in 2026 by former Apple engineers Sai Gurrapu and Aayush Narik, Hypercubic is building autonomous AI agents designed to automate the modernization of legacy COBOL codebases. The platform maps existing code, recovers hidden business logic, generates documentation, and translates the legacy systems into modern programming languages like Java.

Funding Details

Company Website: https://hypercubic.ai

Company: Hypercubic Inc.
Raised: $5.3M
Round: Seed
Funding Date: August 18, 2026
Lead Investor: CIV
Additional Investors: Y Combinator, Afore Capital, Pioneer Fund, Multimodal Investors, Kaz Nejatian, Venky Harinarayan
Software Category: AI/Enterprise Software
Source: https://siliconangle.com/2026/08/18/hypercubic-raises-5-3m-map-rewrite-legacy-cobol-apps-ai-agents/