Raise Scoreboard
Week 43Modal Labs, Inc. $602MFormfactor Inc $300MXona Space Systems Inc. $239MWaveDivision Capital XIX, LLC $163MSend Cut Send, Inc. $140MTCG Opportunity Fund II, LLC $113MCarter Investment Holdings, L.P. $112MTown.com, Inc. $104M

2026 season

Biggest startup raises in California, 2026

$53.28B across 1,589 new raises reported on Form D by companies based in California this season. Last season: $53.09B across 1,778.

This week Week 43, 2026 (Oct 19–25)

#CompanyLeagueRaisedRaisingFiled
1Formfactor IncTech$300M$300MOct 20
2Xona Space Systems Inc.Open$239M$253MOct 23
3TCG Opportunity Fund II, LLC rookieReal Estate$113M$300MOct 21
4Town.com, Inc.Tech$104M$115MOct 22
5B2U Infrastructure Partners I, LLC rookieEnergy$14.8M$14.8MOct 22
6CandorIQ, Inc. rookieTech$13.5M$13.5MOct 21
7Adela, Inc.Bio & Health$12M$12MOct 19
8Propel Aero, Inc. rookieTech$10.5M$10.5MOct 21
9Sensydia CorpOpen$8.9M$10.9MOct 19
10Satlyt Inc. rookieTech$7.8M$9MOct 19

By league

California raises by leagueTech$37.43B · 550Finance$4.17B · 91Open$3.82B · 334Real Estate$2.62B · 282Bio & Health$2.62B · 186Energy$1.56B · 34Main Street$1.07B · 112

Weekly totals

California weekly totals$3.0B$6.0BW18: $237MW18W19: $116MW20: $497MW21: $1.1BW22: $263MW22W23: $2.2BW24: $774MW25: $144MW26: $415MW26W27: $1.6BW28: $322MW29: $162MW30: $1.1BW30W31: $1.5BW32: $1.6BW33: $854MW34: $1.0BW34W35: $6.0BW36: $1.8BW37: $1.1BW38: $1.2BW38W39: $260MW40: $606MW41: $452MW42: $476MW42W43: $889MW43

Season leaders top 50

#CompanyLeagueRaisedRaisingFiled
1X.AI Holdings Corp.Tech$16.60B$20BJan 6
2Databricks, Inc.Tech$5B$5BAug 27
3Baseten Labs, Inc.Tech$1.10B$1.50BJun 30
4Pacific Life Insurance CoFinance$791M$791MJun 3
5Pacific Life Insurance CoFinance$783M$783MJan 16
6Prologis US Agility Fund I, L.P. rookieReal Estate$700MindefiniteJan 16
7Groq LLCTech$672M$672MJul 24
8Castelion CorpTech$647M$800MAug 28
9Pacific Life Insurance CoFinance$622M$622MSep 1
10Pacific Life Insurance CoFinance$621M$621MSep 1
11Harvey AI CorpTech$550MindefiniteSep 11
12Whatnot Inc.Tech$547M$547MAug 18
13MatX Inc.Tech$528M$558MMar 10
14Sierra International Network IncTech$502M$502MSep 17
15Impulse Space, Inc.Open$500M$500MJun 2
16Antora Energy, Inc.Open$458M$550MAug 4
17Oxide Computer CoTech$445M$445MAug 4
18Core Automation, Inc. rookieTech$432M$635MJul 30
19Generalist AI, Inc. rookieTech$364M$400MJun 5
20EnerVenue Holdings, Ltd.Energy$340M$350MJun 9
21Mercor.io CorpTech$330M$330MFeb 18
22Antares Nuclear, Inc.Energy$320M$320MJul 28
23Mariana Minerals Co.Energy$310M$310MAug 6
24Sila Nanotechnologies, Inc.Tech$310M$561MJul 31
25Cowboy Space Corp rookieTech$305M$305MMay 21
26Formfactor IncTech$300M$300MOct 20
27Celero Communications, Inc.Tech$273M$275MSep 9
28Corgi Insurance Services, Inc.Finance$266M$266MJun 4
29Armadin, Inc.Tech$265M$265MOct 15
30Exa Labs Inc.Tech$247M$247MSep 28
31Advanced Manufacturing Co of America, Inc. rookieMain Street$245M$255MMay 20
32Xona Space Systems Inc.Open$239M$253MOct 23
33Science CorpTech$230M$250MMar 6
34Harvey AI CorpTech$200MindefiniteApr 6
35PIMCO Private Mortgage Opportunities Feeder Onshore, L.P. rookieOpen$200MindefiniteJan 20
36Mercury Technologies, Inc.Tech$200M$200MMay 20
37Generalist AI, Inc.Tech$198M$208MAug 24
38Eridu Corp rookieTech$187M$200MMar 19
39Oxide Computer CoTech$184M$200MJan 7
40Flapping Airplanes, Inc. rookieTech$180M$180MFeb 23
41Xona Space Systems Inc.Open$170M$170MApr 2
42Armadin, Inc.Tech$165M$165MJan 14
43Span.IO, Inc.Tech$163M$176MJan 27
44Apex Technology, Inc.Open$157M$157MJul 22
45Goodfire AI, Inc.Tech$150M$162MFeb 9
46Andmark Investment Fund VII, LLCReal Estate$148M$148MJun 29
47Farther Finance, Inc. rookieFinance$146M$150MMay 19
48ModRetro, Inc.Tech$145M$150MMay 27
49Black Unicorn FactoryTech$145M$145MAug 13
50Sierra International Network IncTech$145M$145MApr 16