IPO & Exit Watch May–June 2026: The Liquidity Window Reopens
Anthropic's confidential IPO filing, SpaceX's $80B prospectus, Cerebras' listing, and StepFun's Hong Kong filing signal the largest liquidity event in venture history may be near.
Anthropic's confidential IPO filing, SpaceX's $80B prospectus, Cerebras' listing, and StepFun's Hong Kong filing signal the largest liquidity event in venture history may be near.
Supabase raised $500M at a $10.5B valuation in June 2026, led by GIC, as demand from AI app builders pushes the open-source backend platform to new heights.
China's Qianxun Intelligence closed a 1.5B yuan Series A+ in June 2026 — its fourth raise in three months — as embodied-AI capital concentrates in fast movers.
Spain's Perk secured a €258M credit line in June 2026 to accelerate the global growth of its AI-native platform — a sign debt financing is back for scaling startups.
Belgium-based Kpler received a $1B+ investment from Sixth Street in June 2026, scaling its commodity and trade-intelligence data platform.
Japan's ¥150B Rapidus injection shows a new model — direct government equity and golden shares — to secure 2nm semiconductor sovereignty by 2027.