Crunchbase: California Startups Hit $385B YTD, Over 75% of All US Startup Funding in 2026

California startups have raised about $385B through seed-to-growth rounds YTD 2026 — more than three-quarters of all US startup funding, double last year's state total and higher than any US year on record, per Crunchbase. OpenAI and Anthropic together account for more than half of the state's take; other majors include Waymo's $16B in February, Databricks' $5B in August, and Prometheus's $12B in the spring.