The AlleyWatch Startup Daily Funding Report: 5/1/2026

The AlleyWatch Startup Daily Funding Report: 5/1/2026


The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/1/2026 featuring funding details for Fun, and much more. This page will be updated throughout the day to reflect any new fundings.

Fun – $72M

FINTECH

Fun, a payments infrastructure company that enables enterprise platforms to move money across crypto and traditional financial systems, has raised $72M in Series A funding led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Justin Mateen. Founded by Alex Fine and Mario Baxter in 2022, Fun has now raised a total of $85.9M in reported equity funding.

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