In May 2026, U.S. venture funding stood at $78.86 billion, based on Growthink Capital research.
The month’s biggest funding event belonged to Anthropic ($65 billion), an artificial intelligence safety and research company that builds frontier LLMs and highly steerable AI systems.
P.S. See below for a complimentary report on your valuation & probability of raising capital, customized for your business and delivered by a Growthink expert.
The hottest sectors for funding during the month were A.I./Machine Learning, Fintech, Healthtech, Biotech, and CleanTech.
Key funding events in each of these sectors for the month are below:
- A.I./Machine Learning deals included Anthropic ($65 billion), Sierra ($950 million), Hark ($700 million), DeepInfra ($107 million), Tessera Labs ($60 million), Reactor ($59 million), Unframe ($50 million), Triomics ($22 million), Tensormesh ($20 million), Ciridae ($20 million), SageOx ($15 million), Sprouts.ai ($9 million), and Canyon Code ($5 million).
- Fintech deals included Mercury ($200 million), Corgi ($160 million), Farther ($150 million), Fun ($72 million), Relay ($50 million), Daloopa ($47 million), Versana ($43 million), equipifi ($34 million), Eisen ($18.5 million), Foundation ($6.4 million), Benji ($6.25 million), and Spring Labs ($5 million).
- Healthtech deals included BranchLab ($26 million), 9amHealth ($26 million), Basata ($21 million), Signos ($20 million), Enzo Health ($20 million), Photon ($16 million), Techcyte ($15 million), Dandelion Health ($14 million), Kin Health ($9 million), Kubera Health ($6.5 million), XCaliber Health ($6.5 million), and Century Health ($5 million).
- Biotech deals included Anagram Therapeutics ($250 million), CREATE Medicines ($122 million), ClearNote Health ($52 million), LTZ Therapeutics ($38 million), Ember LifeSciences ($10.5 million), Reprogram Biosciences ($6 million), Vetir ($5.5 million), and Violet Therapeutics ($4.75 million).
- CleanTech deals included Panthalassa ($140 million), Thea Energy ($100 million), Boston Metal ($75 million), GridCARE ($64 million), Moment Energy ($40 million), and P2 Science ($23 million).
Last month, 31 companies announced funding rounds exceeding $100 million. Below is a summary of the top 20 companies by amount raised (excluding Anthropic, featured above).
- Anduril ($5 billion) a software-defined autonomous hardware and defense systems intended for national security use.
- VoltaGrid ($1 billion) provides turnkey smart mobile power generation systems to optimize utility distribution networks.
- Sierra ($950 million) builds conversational AI agents for enterprises to automate customer interactions with high accuracy.
- Hark ($700 million) an artificial intelligence lab focused on building advanced personalized intelligence tools.
- Mind Robotics ($400 million) designs and builds next-generation robotic systems integrated with artificial intelligence.
- Amca ($300 million) designs hardware and systems infrastructure focused on accelerating America’s new industrial manufacturing base.
- Astranis ($300 million) builds small, dedicated geostationary satellites to provide affordable broadband internet to specific countries and regions.
- Cowboy Space ($275 million) develops orbital infrastructure to support the growing space economy.
- Stord ($250 million) provides cloud-integrated warehousing, fulfillment, and freight logistics orchestration software for omnichannel brands.
- Anagram Therapeutics ($250 million) develops orally delivered enzyme therapies for people with malabsorption and digestive disorders.
- Armada ($230 million) provides infrastructure optimization solutions designed to streamline enterprise edge and logistics ecosystems.
- Mercury ($200 million) a financial technology firm offering digital banking services designed specifically for startups.
- Blitzy ($200 million) provides an autonomous software development platform that automates complex engineering tasks and coding workflows.
- RADAR ($170 million) operates an AI-powered retail intelligence platform designed to maximize inventory tracking efficiency.
- Corgi ($160 million) a financial technology company that provides modern banking and expense management solutions for businesses.
- Farther ($150 million) a technology-driven wealth management firm featuring an all-in-one platform built to optimize client wealth.
- Oishii ($150 million) designs and scales advanced indoor vertical farms specifically optimized for growing premium fruits year-round.
- Panthalassa ($140 million) develops innovative ocean-based technology to harness renewable energy.
- Exaforce ($125 million) builds an AI-native security operations platform combining real-time knowledge graphs with autonomous agents to handle enterprise threats.
- Reserv ($125 million) automates insurance claims processing and provides deep data analysis for carriers and MGAs.