Week of May 18–23, 2026: $2.5B+ in Startup Funding — Modal, Decart, Hark Lead
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.
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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.
May 2026: Fasset raised $51M Series B. Live mark as of August 24 is $68M Series C at $1B, SBI Group lead. Company: >$40B annualized volume.
MiRus raised $1.5B in May 2026, one of the month's largest non-AI rounds, underscoring that medical devices can still command megaround capital.
benefitbay raised $18M led by Ten Coves Capital to scale broker-first ICHRA administration — payments, carriers, and payroll integrations in focus.
San Jose-based Hark raised $700M+ Series A at $6B post-money for personalized intelligence — a reminder that frontier AI capital has no ceiling.
National Bank of Canada led Sardine's $25M Series C extension after live deployment — total funding hits $170M as agentic fraud AI scales.