"The notable startup funding rounds for the week ending 5/16/26 featuring funding details for Ciridae, Exaforce, Vapi, and twenty other deals representing $6.4B in new funding that you need to know about."
"Lewes-based Cauridor provides cross-border payment infrastructure and APIs for businesses sending and receiving payments across Africa. Founded by Abdoulaye Bah and Oumar Barry in 2022, Cauridor has now raised a total of $5.5M in total equity funding and is backed by Flourish Ventures, LoftyInc Capital, and Proparco."
"San Francisco-based Monaco provides an AI-native revenue platform that combines CRM, sales automation, and customer management tools for startups. Founded by Abishek Viswanathan, Brian Blond, Malay Desai, and Sam Blond in 2024, Monaco has now raised a total of $85M in total equity funding and is backed by Benchmark, Founders Fund, and Human Capital."
"Redwood City-based GridCARE develops AI software for electrical grid planning, capacity analysis, and infrastructure optimization. Founded by Amit Narayan, Liang Min, and Ram Rajagopal in 2024, GridCARE has now raised a total of $77.5M in total equity funding and is backed by Acclimate Ventures, Aina Climate AI Ventures, Clearvision Ventures, Emerson Collective, Future Energy Ventures"
A weekly funding roundup highlights notable startup rounds across US ecosystems for the week ending 5/16/26. The roundup includes funding details for Ciridae, Exaforce, Vapi, and additional deals totaling $6.4B in new funding. Cauridor raised $2.0M to build cross-border payment infrastructure and APIs for businesses sending and receiving payments across Africa, reaching $5.5M total equity funding. Monaco raised $50.0M for an AI-native revenue platform combining CRM, sales automation, and customer management tools, reaching $85M total equity funding. Aumet raised $12.0M for healthcare supply chain and pharmacy management software, reaching $21M total equity funding. GridCARE raised $64.0M for AI software for electrical grid planning and optimization, reaching $77.5M total equity funding.
Read at www.alleywatch.com
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