Hypercubic Inc. raised $5.3 million in seed funding led by CIV to modernize legacy COBOL applications using AI agents. Founded by former Apple Inc. engineers Sai Gurrapu and Aayush Narik, the startup uses AI to map, document, and rewrite COBOL codebases in modern programming languages. The round included participation from Y Combinator, Afore Capital, Pioneer Fund, and Multimodal Investors.
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