The AlleyWatch Startup Daily Funding Report: 5/5/2026
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The AlleyWatch Startup Daily Funding Report: 5/5/2026
"Bathhouse, a social wellness destination founded in 2019, has raised $35M in venture funding led by Imaginary Ventures, with notable participation from Klay Thompson and Marcus Smart."
"MOTHER.Tech, an AI creative platform founded in 2023, has raised $15M in pre-seed funding led by Google Ventures, bringing its total equity funding to $20M."
"InstaSwitch, a fintech infrastructure platform, has secured $4.7M in seed funding to automate the account-switching workflow for business banking institutions."
"Yard Industry Day on May 16 will feature panels and tours showcasing companies and technologies shaping the future of urban industry, including robotics and clean energy."
Bathhouse raised $35M in venture funding, led by Imaginary Ventures, focusing on social wellness experiences. MOTHER.Tech secured $15M in pre-seed funding from Google Ventures, specializing in AI content creation. InstaSwitch obtained $4.7M in seed funding for its fintech platform that automates account-switching for business banking. An upcoming event, Yard Industry Day, will showcase innovations in urban industry, featuring panels and discussions on various technological advancements.
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