Mercury's $200M Series D at $5.2B: Startup Banking Meets the AI Founder Tsunami
Mercury raised $200M at $5.2B valuation — $650M ARR, 300K+ customers, and a bet that one in three U.S. startups needs AI-era banking.
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Mercury raised $200M at $5.2B valuation — $650M ARR, 300K+ customers, and a bet that one in three U.S. startups needs AI-era banking.
Exa Labs raised $250M led by a16z at $2.2B valuation to scale AI-native web search — hiring Meta and Yandex search veterans.
Status AI raised $17M seed + Series A from USV, GC, and YC — 13M worlds created as gamified social entertainment replaces passive scrolling.
Armada closed an oversubscribed $230M Series B at $2B pre-money — edge computing for AI workloads as enterprise deployment scales.
Decart raised $300M Series C led by Radical Ventures — real-time generative worlds for gaming, robotics, and physical AI with NYC + Tel Aviv ops.
India's Rapido raised $240M at a $3B valuation in May 2026, led by Prosus, as part of a $730M financing to defend its lead in two-wheeler mobility against Uber.