Just raised · Archive · Month in numbers

Startup funding in May 2026

78 startups announced a funding round in May 2026, raising $8.8B in disclosed capital. The median round was $40M. AI & machine learning was the busiest industry with 46 rounds.

Announced rounds
78May 2026
Raised
$8.8Bdisclosed
Median round
$40Mof 78 with an amount
SEC filings
0no announcement

· · Download this month as CSV · Every round

This period was added afterwards from news archives and SEC filings (full live tracking began in the week of November 9, 2026). It is less complete than later periods, so treat the totals as a floor.

May 2026 in numbers

  • The biggest round was Ineffable, which raised $1.1B Seed on May 8.
  • By stage: Pre-seed 2 (3%), Seed and angel 12 (15%), Series A 18 (23%), Series B 10 (13%), Series C and later 13 (17%).
  • 46 of the 78 rounds (59%) went to AI and machine learning companies.
  • 22 rounds were $100M or more.
  • 2 of these companies are posting open roles today, 84 roles in total.

Free to quote with a link to this page. Cite as: Work Insiders, “Startup funding in May 2026”, workinsiders.com/funding/2026-05/.

The 10 biggest rounds

The biggest rounds of May 2026
DateCompanyRoundIndustryHeadquartersBackersSource
Ineffable$1.1B SeedAI & machine learningUnited KingdomVentureburn (opens in a new tab)
Cognition$1B · $25B valuationDeveloper tools & infrastructureTechCrunch (opens in a new tab)
Bret Taylor's Sierra$1B · $15.8B valuationAI & machine learningGVCNBC (opens in a new tab)
Hark$700M Series AAI & machine learningTechCrunch (opens in a new tab)
Recursive Superintelligence$650M · $4.65B valuationAI & machine learningNvidiaThe Next Web (opens in a new tab)
Modal Labs$355MAI & machine learningData Center Dynamics (opens in a new tab)
Exa$250M Series CDeveloper tools & infrastructurePulse 2.0 (opens in a new tab)
Focused Energy$240M Series AClimate & energyBusiness Wire (opens in a new tab)
Fractile$220MHardware & semiconductorsWSJ (opens in a new tab)
Mercury$200M Series D · $5.2B valuationBusiness Wire (opens in a new tab)

Announced rounds per week

Weeks run Monday to Sunday; the first and last can reach into the neighbouring month.

Announced rounds per week
WeekAnnounced roundsDisclosed
Week of Apr 27, 202629$1.7B
Week of May 4, 202619$2.7B
Week of May 11, 202614$1.5B
Week of May 18, 202625$2.2B
Week of May 25, 202617$2.3B

By stage, industry and size

By round

  1. Pre-seed2 · 2.6%
  2. Seed and angel12 · 15%
  3. Series A18 · 23%
  4. Series B10 · 13%
  5. Series C and later13 · 17%
  6. Round not named23 · 29%

By industry

A company can sit in more than one industry, so shares add up to more than 100%.

  1. AI & machine learning46 · 59%
  2. Healthcare & digital health7 · 9%
  3. Fintech & payments6 · 7.7%
  4. Hardware & semiconductors5 · 6.4%
  5. Developer tools & infrastructure3 · 3.8%
  6. Consumer & e-commerce3 · 3.8%
  7. Climate & energy3 · 3.8%
  8. Biotech & life sciences3 · 3.8%
  9. Legal & compliance3 · 3.8%
  10. SaaS & enterprise software3 · 3.8%

By round size

Median round: $40M.

  1. $1–5M7 · 9%
  2. $5–10M9 · 12%
  3. $10–25M15 · 19%
  4. $25–50M13 · 17%
  5. $50–100M12 · 15%
  6. $100–250M15 · 19%
  7. $250M+7 · 9%

Every round announced in May 2026

Funding rounds announced in May 2026
DateCompanyRoundIndustryHeadquartersBackersSource
Utilidata$40M Series CAI & machine learningPulse 2.0 (opens in a new tab)
Mafer AI€2M Pre-seedAI & machine learningCapital Riesgo (opens in a new tab)
Fonoa€94.4M Series CFintech & paymentsIrelandEU-Startups (opens in a new tab)
XCENA$135M Series BBusiness Wire (opens in a new tab)
Zeely$1MAI & machine learningInventure.com.ua. (opens in a new tab)
Reactor$59MMedia & marketingVariety (opens in a new tab)
Daloopa$47M Series CAI & machine learningPR Newswire (opens in a new tab)
Garner Health$100M Series E · $2.74B valuationHealthcare & digital healthFierce Healthcare (opens in a new tab)
Geordie AI$30M Series AAI & machine learningFortune (opens in a new tab)
Cognition$1B · $25B valuationDeveloper tools & infrastructureTechCrunch (opens in a new tab)
Paralign Health$3M SeedHealthcare & digital healthBusiness Wire (opens in a new tab)
WeRoad$58MConsumer & e-commerceTechCrunch (opens in a new tab)
Pace$46M Series BFintech & paymentsBusiness Wire (opens in a new tab)
Focused Energy$240M Series AClimate & energyBusiness Wire (opens in a new tab)
Phytolon$23.6M Series BFood Business News (opens in a new tab)
Quanscient€10M Series AHardware & semiconductorsQuantum Computing Report (opens in a new tab)
Modal Labs$355MAI & machine learningData Center Dynamics (opens in a new tab)
Exa$250M Series CDeveloper tools & infrastructurePulse 2.0 (opens in a new tab)
Vetir$5.5M Series Acitybiz (opens in a new tab)
Scope€17.3MAI & machine learningUnited KingdomIndex VenturesEU-Startups (opens in a new tab)
Shatterdome Energy$3.5M Pre-seedFintech & paymentsMercom Capital Group (opens in a new tab)
Hark$700M Series AAI & machine learningTechCrunch (opens in a new tab)
Farther$150M Series DGeneral AtlanticGeneral Atlantic (opens in a new tab)
Neurosoft Bioelectronics$7.5M SeedBusiness Wire (opens in a new tab)
Imperagen£5MBiotech & life sciencesTechCrunch (opens in a new tab)
NanoClaw creator NanoCo$12M SeedMedia & marketingCTech (opens in a new tab)
Primer$100M Series CFintech & paymentsBusiness Wire (opens in a new tab)
Mercury$200M Series D · $5.2B valuationBusiness Wire (opens in a new tab)
Viktor€64.7M Series AAI & machine learningEU-Startups (opens in a new tab)
Circle cofounder$30M Series AAI & machine learningFortune (opens in a new tab)
Cosmico€12MStartupbusiness (opens in a new tab)
Forecastr$7M Series AThe Business Journals (opens in a new tab)
Arkeus$25MRoboticsSmartCompany (opens in a new tab)
Commure$70MAI & machine learningFierce Healthcare (opens in a new tab)
Century Health$5M SeedHealthcare & digital healthPR Newswire (opens in a new tab)
Rely$4.5M SeedReal estate & constructionGlobeNewswire (opens in a new tab)
Lexroom€42.9M Series BLegal & complianceItalyEU-Startups (opens in a new tab)
Unframe$50M Series BLegal & complianceCTech (opens in a new tab)
Radar$170M Series BHardware & semiconductorsWWD (opens in a new tab)
Dust$40MAI & machine learningSiliconANGLE (opens in a new tab)
Sigma$80M Series EBusiness Wire (opens in a new tab)
AI cloud DeepInfra$107M Series BAI & machine learningData Center Dynamics (opens in a new tab)
Equipifi$34MFintech & paymentsThe Business Journals (opens in a new tab)
Degron Therapeutics$40M Series A extensionBiotech & life sciencesBusiness Wire (opens in a new tab)
Recursive Superintelligence$650M · $4.65B valuationAI & machine learningNvidiaThe Next Web (opens in a new tab)
Fractile$220MHardware & semiconductorsWSJ (opens in a new tab)
Flick$6M SeedAI & machine learningBusiness Wire (opens in a new tab)
Pillar€12MReal estate & constructionStartupbusiness (opens in a new tab)
Judgment Labs$32M SeedAI & machine learningPulse 2.0 (opens in a new tab)
Webidoo€21MAI & machine learningItalyEU-Startups (opens in a new tab)
Monaco$50M Series BAI & machine learningBenchmarkcitybiz (opens in a new tab)
White Circle$11M SeedAI & machine learningPulse 2.0 (opens in a new tab)
Havoc$100M Series APR Newswire (opens in a new tab)
Exaforce$125M Series BCybersecurityTechCrunch (opens in a new tab)
Algorithmiq, based in Milan€18MItalyStartupbusiness (opens in a new tab)
Aidoc$150M Series EAI & machine learningGoldman SachsHealthcare IT Today (opens in a new tab)
Ineffable$1.1B SeedAI & machine learningUnited KingdomVentureburn (opens in a new tab)
Quantum Motion$160M Series CHardware & semiconductorsBusiness Wire (opens in a new tab)
Kohort$7M Series AAI & machine learningRaine Group, Launching Full Suite of UA AgentsBusiness Wire (opens in a new tab)
Pit$16MAI & machine learningForbes (opens in a new tab)
Kanvas Biosciences$48M Series ABiotech & life sciencesBusiness Wire (opens in a new tab)
Jurisphere.ai$2.2MLegal & complianceBar and Bench (opens in a new tab)
Signadori Bio€11M SeedBusiness Wire (opens in a new tab)
Altara$7M SeedManufacturing & industrialPulse 2.0 (opens in a new tab)
District$14.7MConsumer & e-commerceFortune (opens in a new tab)
eleQtron€57M Series AQuantum Computing Report (opens in a new tab)
CopilotKit$27MAI & machine learningTechCrunch (opens in a new tab)
Vori$22MConsumer & e-commerceFortune (opens in a new tab)
Siin$3M SeedSaudi ArabiaJawlah (opens in a new tab)
CMBlu$59M Series CClimate & energyMercom Capital Group (opens in a new tab)
Ethermed$8.5M Series AHealthcare & digital healthHealthcare IT Today (opens in a new tab)
Smartness€47M Series BAI & machine learningPhocusWire (opens in a new tab)
ZyG$60M Series A · $500M valuationCTech (opens in a new tab)
Bret Taylor's Sierra$1B · $15.8B valuationAI & machine learningGVCNBC (opens in a new tab)
Enzo Health$20M Series AHealthcare & digital healthTechBuzz News (opens in a new tab)
AI-native TPA Reserv$125M Series CAI & machine learningKKRTheinsurer (opens in a new tab)
Featherless$20M Series AAI & machine learningSingaporeTech in Asia (opens in a new tab)
Fun$72M Series AFintech & paymentsBusiness Wire (opens in a new tab)

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Where the numbers come from

Funding announcements in the news and trade press, plus SEC Form D filings by young US companies. Equity rounds only; a company counts once per round. Open roles are today's count on each company's own job board.

How the tracker is built

Who raised most recently

The live list has every round from the last 90 days, ranked for recruiters, with open roles counted daily.

Recently funded startups