May 2026 NYC VC Roundup: $700M+ in Notable Deals From Modal to Moment
May 2026 New York funding spans AI infra, fintech rails, healthtech, retail AI, and consumer — here's the deal list operators should know.
May 2026 New York funding spans AI infra, fintech rails, healthtech, retail AI, and consumer — here's the deal list operators should know.
May funding shows capital stacking on AI infra — serverless GPU, retrieval search, world models, and enterprise delivery — not another wrapper.
Three May deals show stablecoin capital splitting between EM neobanks, FI orchestration APIs, and AI-native banks — infrastructure, not speculation.
One week in May 2026 saw $400M+ in fintech infra deals — banking, payments AI, fraud, stablecoins, and compliance ops, not consumer apps.
AlleyWatch tracked 34 deals and $2.53B for the week ending May 23 — from Modal's $355M to Hark's $700M Series A, here's what mattered.
NYC-linked Benji raised $6.25M seed from Preface Ventures to standardize loyalty partnership APIs — JetBlue TrueBlue already on the network.