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

The AlleyWatch Startup Daily Funding Report: 5/1/2026
"Fun 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."
Fun, a payments infrastructure company founded in 2022, has successfully raised $72M in Series A funding. The funding round was led by Multicoin Capital and SignalFire, with additional participation from Infinity Ventures, Pharsalus Capital, and Justin Mateen. This latest investment brings Fun's total reported equity funding to $85.9M. The company focuses on enabling enterprise platforms to facilitate money movement across both crypto and traditional financial systems.
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