Series B Is Up, But With Fewer Deals, And 2026 California Startup Funding Beats US Annual Totals
weekend crunch
Oct 31, 2026
Hi ,
Welcome to the Crunchbase Weekend Crunch. More money, fewer deals — it's becoming a familiar story in venture capital. This week, we look at how Series B funding is climbing even as deal counts fall, and why California is gobbling up an ever-larger share of U.S. startup investment. Meanwhile, robotics funding is taking off as startups in the U.S. and China race to bring AI into the physical world. And, a cautionary tale for founders: Why growing revenue doesn't always mean growing your company's value.
This week’s top stories
1
Series B Funding Is Up, But Fewer Deals Are Getting Done
Crunchbase data shows that so far this year, investors have poured around $48 billion into financings around the Series B stage, the highest tally in years. Yet round counts are below year-ago levels and are on track for a multiyear low. We take a look at the data.
2
California Startups Have Raised More So Far In 2026 Than The Entire US Ever Has In A Single Year
California companies have scooped up more than three-fourths of all U.S. startup funding this year. That, per Crunchbase data, is an apparent record share. And keep in mind: This year still has a couple months left.
3
Crunchbase Data Shows Q3 Robotics Startup Funding Jumps 185% As US And China Lead Physical AI Push
Venture funding to robotics startups has soared in 2026, with the bulk of investment going to companies based in China and the U.S., Crunchbase data shows. All told, global venture funding to robotics startups totaled $9.9 billion in Q3, more than double the $4.3 billion invested in Q3 2025, per Crunchbase data.
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