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Modal Labs just raised $355M to power the next wave of AI compute. They weren't alone — these are just the largest NYC startup funding rounds from May 2026, representing $1.3B across 11 deals spanning AI infrastructure, insurtech, healthtech, and fintech, with six nine-figure rounds in the mix. See which NYC startups attracted the most capital last month and who backed them.
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While Anthropic dominated the headlines in May, defense and space quietly had one of their best venture months ever. Anduril raised $5B. Astranis raised $300M for satellite communications. Cowboy Space raised $305M to build solar-powered orbital data centers for AI compute. That's $5.6 billion flowing into the militarization and commercialization of space and autonomous defense — in a single month. The AlleyWatch May 2026 US VC Funding Report breaks it... Read more ›
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The notable startup funding rounds for the week ending 6/13/26 featuring funding details for NinjaOne, Coram AI, Stars + Honey, and twenty-one other deals representing $1.3B in new funding that you need to know about. Read more ›
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22.06.2026 17:25
Last update: 17:15 EDT.
News rating updated: 00:21.
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