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.
Venture capital fuels the companies that reshape industries — from AI infrastructure and fintech to healthcare and defense tech. This hub collects our latest analysis on how VC firms evaluate startups, structure deals, and deploy capital across stages and geographies.
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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.
Cupertino-based Unframe raised $50M led by Highland Europe for managed AI delivery to global enterprises — implementation beats demos.
Modal Labs raised $355M at a reported $4.65B valuation as enterprise AI coding drove ARR from ~$60M to $300M in months — here's what that means for builders.
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.
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.
Farther raised $150M Series D as intelligent wealth management platforms attract growth capital — what operators and RIAs should watch.