California startups raised $385 billion in 2026, beating any full US year
California companies have already raised $385 billion in 2026, more than all US startups in any prior year, according to Crunchbase data.
By GennnAi··1 min read
The sum is over three-fourths of US startup funding and more than double California's total last year. Financings for San Francisco-based OpenAI and Anthropic account for more than half of the amount. Waymo raised $16 billion in February. Prometheus, co-founded by Jeff Bezos, raised $12 billion this spring. Seed and early-stage rounds total nearly $62 billion, roughly 57% of the US figure.
Source: Crunchbase News, published on October 26, 2026.