Altogether, companies in the region pulled in $49.3 billion in seed through growth funding to date, per Crunchbase data. That represents approximately 41% of the entire U.S. total, the highest share in years. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://infogram.com/js/dist/embed-loader-min.js"); It should be noted, however, that the Northern California region is getting a larger slice of a much smaller pie. Overall, U.S. startup funding is down 40% in 2023 compared to the same period last year. The San Francisco Bay Area, as the chart below illustrates, also saw a run-up to the 2021 peak, followed by a sharp decline. That said, funding this year is down 25% from the year-ago period ' significantly better than the national...
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