PitchBook: California-based startups have raised ~$366B in 2026 so far across 4,000+ companies, more than triple the total of all other 49 states combined (Paul Kiernan/Wall Street Journal)

Techmeme ·

PitchBook data shows California startups pulling in $366B this year, underscoring AI-driven venture concentration around the state.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/tech/ai/californias-ai-dominance-fuels-366-billion-venture-capital-bonanza-820e9bde?st=7MG6kE&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260820/i14.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260820/p14#a260820p14" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Paul Kiernan / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/californias-ai-dominance-fuels-366-billion-venture-capital-bonanza-820e9bde?st=7MG6kE&amp;reflink=desktopwebshare_permalink">PitchBook: California-based startups have raised ~$366B in 2026 so far across 4,000+ companies, more than triple the total of all other 49 states combined</a></b></span>&nbsp; &mdash;&nbsp; California-based companies have announced a record haul in startup funding, despite billionaire-tax fears</p>