finance
New York City venture capital reaches 2.01 billion dollars across 75 deals in May 2026
Venture capital delivered 2.01 billion dollars in New York City in May 2026.
How we reported this
New York City venture capital delivered 2.01 billion dollars across 75 deals in May 2026 a 12.0 percent increase from April with seven New York City startups raising 100 million dollars or more according to item [48].
AI companies captured 66 percent of all New York City capital deployed in May 2026 with 32 of 75 funded startups identified as AI-focused led by Modal Labs 355 million dollar late-stage round for AI cloud infrastructure according to item [48].
Year-over-year New York City funding declined 16.4 percent from May 2025 total of 2.40 billion dollars though the deal count rose compared to the prior year pace according to item [48].
While Silicon Valley drew 46.3 percent of US venture funding in 2024 New York received 13.3 percent with the city building its own tech presence as Silicon Alley turns 30 years old according to item [48].
Sources: perplexity-sonar.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.