AI Startup Radar — Week of May 29, 2026
AI startup funding surged this week as Cognition raised $1 billion at a $26 billion valuation and Perceptic emerged from stealth with $12 million in seed funding for drug discovery automation. The venture market remains highly selective, with mega-rounds dominating while Series A/B rounds face a more competitive environment. Capital continues concentrating in AI infrastructure, coding assistants, and biotech applications.














