Startup Funding Tracker — 2026-05-28
Cognition AI leads a surge of mega-round closes with a $1 billion Series B at $25 billion pre-money valuation, bringing the AI coding space into focus as capital concentrates among mega-startups. Capital allocation remains intensely selective, with over 80% of 2026 funding flowing to rounds of $500M+. Key exits include Deep Fission preparing for a Nasdaq IPO at $24–$26/share and SpaceX confirming xAI acquisition at $1.25T combined valuation.
3 min read/15 sources
