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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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AlleyWatch
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Costco is where to go if you want to get a year's supply hummus, a blender, and a pair of pants all at once, but did you know it's also great for tech shopping? Read more ›
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The gradations of Democratic blue are on display in New York’s congressional primaries this Tuesday, where high-profile races are already highlighting the party’s emerging divisions over how to regulate artificial intelligence, immigration enforcement, and the United States’ relationship with Israel. The primaries are also an important test of political strength for New York City Mayor […] Read more ›
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Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models. Read more ›
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Fans, coffee machines, vacuum cleaners, air fryers, TVs, shavers and more get nice discounts to beat Amazon to the punch Read more ›
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The Army combined maneuver forces and weapons across cyber, space, electronic warfare, and fires into a new one-of-a-kind command. Read more ›
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Meta's AI Model Capability Initiative faces scrutiny after a data leak exposes internal security risks, sparking employee concerns. Read more ›
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From smart speaker stands to charging docks, accessories are just as affordable as devices this Prime Day. Read more ›
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Leatherman is one of the most well-known multitool brands, but it can be quite expensive. This brand offers cheaper tools with certain customizable advantages. Read more ›
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A sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals remain intact. Read more ›
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The Titanium Blue Galaxy Watch Ultra 2025 offers 64GB storage, LTE, and a rugged titanium build. Read more ›
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Boston Consulting Group and Anchorage Digital are urging banks to move digital assets “from experimentation to scale,” in a new report aimed squarely at the U.S. market. But for European lenders, the real test comes sooner: a hard Markets in Crypto-Assets (MiCA) cut-off on July 1, and a euro-stablecoin race already underway. According to the ... Read more ›
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I tried Ina Garten's easy pasta salad recipe, and it's my new go-to for summer barbecues. It was briny, refreshing, and different from other recipes. Read more ›
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Signed up to Amazon Prime recently? Great, because you can enjoy deals as low as $0.99 a month on 36 streaming bundles and subscriptions on Prime Video. Read more ›
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While I really liked the Polaroid Go Gen 3, I actually think its predecessor is the one to buy this Prime Day — here's why. Read more ›
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RedMagic has revealed the Gaming Tablet 5 Pro, featuring a Snapdragon 8 Elite Gen 5 processor, active cooling, and a high-refresh OLED display. Read more ›
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AlleyWatch
Most businesses cobbling together cross-border payments are juggling five different tools to do what should be one job. Nuvei just paid $2.75B to fix that - snapping up Payoneer and its payout network across 190+ countries to build a single stack for accepting, holding, and moving money globally. The combined platform will process $500B+ in annual payment volume. The era of fragmented cross-border payments may finally have an expiration date. Read more ›
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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 latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/16/2026 featuring funding details for Copia Automation, Kimba, and much more. Read more ›
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Every major pharmaceutical company relies on real-world data to develop treatments, but most of that data comes from claims brokers and hospital systems that have never spoken to a single patient. Novellia is built on a different premise: that patients, given the right free tool and a clear ask, will consent to contribute their own complete health history to the research that could help people like them. Read the full... Read more ›
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/17/2026 featuring funding details for Chronograph, RDC, and much more. Read more ›
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/18/2026 featuring funding details for Ralo and much more. Read more ›
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Most enterprise AI tools generate answers from the public internet - but when the decision involves a billion-dollar acquisition, a market entry, or a portfolio call, that's not good enough. AlphaSense built its entire platform around the opposite premise: every insight grounded in 500 million premium business documents, every output fully traceable to its source. Now the company has crossed $600M in ARR, nearly doubled its valuation to $7.5B, and... Read more ›
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22.06.2026 16:41
Last update: 16:35 EDT.
News rating updated: 23:30.
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