Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

Harbor IT Acquires ComTech Computer Services to Expand in Southeast US

Harbor IT has acquired ComTech Computer Services, a North Carolina-based managed service provider, to strengthen its presence in the Southeast and enhance its platform for life sciences and critical infrastructure clients.

May 22, 2026

HashKey Capital Invests $40 Million in SignalPlus

HashKey Capital has made a $40 million strategic investment in SignalPlus, a crypto asset derivatives trading platform, to strengthen their collaboration in institutional digital asset services.

May 22, 2026

Metamagnetics Integrates Lanthanide Solutions to Secure Rare Earth Supply

Metamagnetics has integrated Lanthanide Solutions as a wholly owned subsidiary to establish a domestic supply chain for rare earth materials supporting defense and aerospace applications.

May 22, 2026

UpKeep Receives Strategic Investment from Accel-KKR to Expand AI Asset Operations Platform

UpKeep has secured a strategic growth investment from Accel-KKR to accelerate its AI asset operations platform, which supports maintenance, safety, and learning for over 400,000 users in 60 countries.

May 22, 2026

ONE Bow River Invests in PteroDynamics to Advance VTOL Aircraft Development

ONE Bow River National Defense Fund has made a strategic investment in PteroDynamics to support the development and manufacturing of its Transwing vertical takeoff and landing unmanned aircraft systems for defense and commercial use.

May 22, 2026

QBit Semiconductor Lists on Taiwan Emerging Stock Board with $700 Million Valuation

QBit Semiconductor has officially listed on the Taiwan Emerging Stock Board under ticker 7913, reaching a market capitalization of approximately $700 million after strong investor demand.

May 22, 2026

Sortera Doubles Aluminum Processing Capacity with New Tennessee Facility

Sortera Technologies has begun full operations at its second aluminum recycling facility in Lebanon, Tennessee. The site doubles the company’s total processing capacity to about 240 million pounds per year, using AI sorting to produce high-purity recycled aluminum for U.S. manufacturers.

May 22, 2026

The Path Raises $14.3 Million to Expand AI Therapy Platform

The Path, an AI therapy platform co-founded by Tony Robbins and Calm veterans, has raised $14.3 million in seed funding led by Prime Movers Lab to grow its proactive mental health care technology and research initiatives.

May 22, 2026

Quantinuum Signs Letter of Intent with U.S. Commerce Department for Quantum Funding

Quantinuum has signed a letter of intent with the U.S. Department of Commerce's CHIPS Research and Development Office to receive federal funding for developing large-scale fault-tolerant trapped-ion quantum computers.

May 22, 2026

Sonar Acquires Gitar to Integrate AI Code Review into SonarQube Platform

Sonar has acquired Gitar, an AI code review platform, to integrate its capabilities into SonarQube and provide unified code verification from development to deployment.

May 22, 2026

Hark Raises $700 Million Series A at $6 Billion Valuation

Hark has raised $700 million in Series A funding at a $6 billion valuation, led by Parkway Venture Capital with participation from Nvidia, AMD, Qualcomm, and others. The funds will accelerate development of Hark's personalized AI systems and dedicated hardware, with first models expected this summer.

May 22, 2026

Exa Raises $250 Million Series C Led by a16z for AI Search Expansion

Exa Labs Inc. has secured $250 million in Series C funding at a $2.2 billion valuation, led by Andreessen Horowitz, to scale its AI-focused search engine and infrastructure.

May 22, 2026

Anthropic Nears First Profit, Signs $45 Billion Compute Deal with SpaceX

Anthropic expects its first quarterly operating profit as it agrees to pay SpaceX $1.25 billion per month for computing capacity through May 2029, totaling nearly $45 billion.

May 22, 2026

Mercury Raises $200 Million at $5.2 Billion Valuation

Mercury has completed a $200 million Series D funding round led by TCV, valuing the fintech company at $5.2 billion. The firm plans to expand its AI-powered financial tools and pursue a national bank charter.

May 22, 2026

Coupa Acquires Tonkean to Expand Agentic Workflow Automation

Coupa Software has acquired Tonkean, an AI-native intake and orchestration platform, to strengthen its agentic trade network and enhance autonomous spend management capabilities for global buyers and suppliers.

May 22, 2026

BAI Capital Holds First Close of $800 Million Fund Focused on Growth and Global Expansion

BAI Capital has completed the first close of its new $800 million fund, securing $600 million in commitments. The fund targets growth-stage companies with proven commercial traction and cross-border expansion potential in sectors such as technology, AI, and financial services.

May 22, 2026

Outcomes4Me Acquires Geno.Me and Realyze Intelligence to Expand AI Cancer Care Platform

Outcomes4Me has acquired Geno.Me and Realyze Intelligence to strengthen its AI platform for cancer care and clinical trial matching. The company also appointed UPMC Hillman Cancer Center CIO Scot Stevens as Strategic Advisor.

May 21, 2026

Axion Semiconductor Acquires Moov Technologies to Expand Supply Chain Platform

Axion Semiconductor has acquired Moov Technologies, a global marketplace for semiconductor equipment, to strengthen its supply chain operations and services platform. Financial terms were not disclosed.

May 21, 2026

Arkeus Raises $18 Million to Expand AI Sensing Systems for Defense

Arkeus has raised $18 million in Series A funding led by QIC Ventures to scale its AI powered sensing systems for autonomous defense platforms across the United States, Australia, and Europe.

May 21, 2026

NanoCo Raises $12 Million Seed Round After Declining $20 Million Buyout

NanoCo, creator of the open source AI agent NanoClaw, has raised $12 million in seed funding led by Valley Capital Partners after turning down a $20 million acquisition offer.

May 21, 2026

Subscribe to AI Funding Brief