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Hypercubic Inc. raised $5.3 million in seed funding led by CIV to modernize legacy COBOL applications using AI agents. The startup, founded by former Apple engineers Sai Gurrapu and Aayush Narik, maps codebases, recovers business logic, and rewrites apps in modern languages like Java.
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Summary by ByteBrief
Peripheral Raises $8.7M Seed