AcquiredStartups
Weekly roundup · 18–24 May 2026

16 startup exits in the week of 18–24 May 2026: Medtronic’s $650m deal for SPR Therapeutics leads

6 deals disclosed a price, worth $720m together. Cybersecurity was the busiest sector and North America the busiest region.

Medtronic agrees to buy SPR Therapeutics for $650 million in cashPhoto: Group29 at English Wikipedia / Wikimedia Commons, CC BY-SA 3.0

We tracked 16 startup acquisitions announced between 18–24 May 2026, across 7 regions. Only 6 disclosed a price, adding up to $720m; the rest kept terms private, which is normal for venture-backed exits.

The largest was Medtronic’s $650m purchase of SPR Therapeutics. Cyera paid $50m for Genie Security.

Cybersecurity accounted for 3 deals and North America for 9.

Thursday, 21 May 2026

Photo: NASA Headquarters / NASA/Keegan Barber / Wikimedia Commons, Public domainEnterprise software · North AmericaCoupa acquires Tonkean to add AI intake and workflow orchestration to its spend platformTonkean, a no-code platform that routes and resolves requests for procurement and legal teams, is Coupa's fourth acquisition in its push to build an AI-driven trade network.UndisclosedPalo Alto·21 May 2026·3 min readPhoto: Kim Scarborough from Chicago, IL / Wikimedia Commons, CC BY-SA 2.0Cybersecurity · North AmericaCranium AI acquires Aiceberg, an agentic AI security startup, and makes its CEO CTOAll of Aiceberg's staff move to Cranium, and Aiceberg chief executive Alex Schlager becomes Cranium's chief technology officer in charge of merging the two products.UndisclosedNew York·21 May 2026·3 min readPhoto: Thank You (21 Millions+) views / Wikimedia Commons, CC BY 2.0Fintech · North AmericaSoFi buys loan-servicing startup Peach to grow its technology platform for lendersPeach, an eight-year-old maker of loan management and servicing software, becomes part of the same SoFi unit that houses Galileo and Technisys. SoFi later disclosed that it paid cash.UndisclosedUnited States·21 May 2026·3 min readPhoto: Matthew (WMF) / Wikimedia Commons, CC BY-SA 3.0Developer tools · North AmericaSonar acquires Gitar, an AI code review agent built by former Uber platform engineersGitar came out of stealth with $9 million in funding in April 2026. About five weeks later its founders were joining SonarQube's maker to add AI review and automatic CI fixes to its code checks.UndisclosedUnited States·21 May 2026·3 min readPhoto: Kurt Kaiser / Wikimedia Commons, CC0Cybersecurity · North AmericaZscaler to acquire Symmetry Systems to map and police what AI agents can reachSymmetry's access graph shows which people, apps and AI agents touch which data. Zscaler wants it as the basis for rules on how millions of autonomous agents talk to systems and to each other.UndisclosedSan Mateo·21 May 2026·3 min read

Monday, 18 May 2026

Photo: Allan Grey / Wikimedia Commons, CC BY-SA 2.0Climate & agritech · OceaniaGentrack buys Wellington energy pricing startup Factor for NZ$24 millionThe NZX- and ASX-listed utilities software group paid an enterprise value of NZ$24 million (about $14.2 million) from its own cash, with up to NZ$10 million more due if Factor's recurring revenue reaches about NZ$17 million within three years.< $50mWellington·18 May 2026·3 min readPhoto: Netha Hussain / Wikimedia Commons, CC BY-SA 3.0Enterprise software · Middle EastGrowthLabs acquires founder network Startup Gate for EGP 35 millionThe Egyptian ecosystem builder paid EGP 35 million (about $657,000) for a platform that is barely a year old, and plans to merge it with Catalyst OS, its software for running incubators and accelerators.< $50mEgypt·18 May 2026·3 min readPhoto: Crew crew / Wikimedia Commons, CC0Developer tools · North AmericaAnthropic acquires Stainless, the SDK generator behind OpenAI and Google's official librariesStainless generated every official Anthropic SDK and was also used by rivals OpenAI and Google; Anthropic is shutting down its hosted products, including the SDK generator.UndisclosedNew York·18 May 2026·3 min readImage: DanceMobility & logistics · EuropeSwapfiets acquires Berlin e-bike subscription startup DanceThe deal adds more than 11,000 e-bikes to the Pon-owned subscription company, taking its combined fleet past 75,000 across 45 cities, while Dance keeps its own brand and chief executive.UndisclosedBerlin·18 May 2026·3 min read