# Top 50 Deep Tech Startups in Bay Area by Funding (2026)

> The 50 best-funded deep tech startups in Bay Area, ranked by total funding raised: $61B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/deep-tech-startups-bay-area (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Waymo** Waymo is an American autonomous driving technology company based in Mountain View, California, and a subsidiary of Alphabet Inc.](https://millionrounds.com/company/waymo) Waymo is an American autonomous driving technology company based in Mountain View, California, and a subsidiary of Alphabet Inc. *Founded* 2009 Mountain View, United States **$27B** last round Oct 2026
- 2 [**Cursor** Cursor is an American software company based in San Francisco, California, founded in 2022 by four MIT graduates.](https://millionrounds.com/company/cursor) Cursor is an American software company based in San Francisco, California, founded in 2022 by four MIT graduates. *Founded* 2017 San Francisco, United States **$4.3B** last round Apr 2026
- 3 [**Groq** Groq, Inc.](https://millionrounds.com/company/groq) Groq, Inc. *Founded* 2016 Palo Alto, United States **$3.2B** last round Sept 2026
- 4 [**Cognition** Cognition, based in San Francisco, is an artificial intelligence company focused on enhancing software development.](https://millionrounds.com/company/cognition) Cognition, based in San Francisco, is an artificial intelligence company focused on enhancing software development. *Founded* - San Francisco, United States **$3.0B** last round Sept 2026
- 5 [**Cerebras Systems** Cerebras Systems develops computing chips with the sole purpose of accelerating AI.](https://millionrounds.com/company/cerebras-systems) Cerebras Systems develops computing chips with the sole purpose of accelerating AI. *Founded* 2016 Sunnyvale, United States **$3.0B** last round Apr 2026
- 6 [**PsiQuantum** PsiQuantum develops quantum computer using photonic qubits and silicon photonics to build fault-tolerant quantum computing systems.](https://millionrounds.com/company/psiquantum) PsiQuantum develops quantum computer using photonic qubits and silicon photonics to build fault-tolerant quantum computing systems. *Founded* - Palo Alto, United States **$2.1B** last round Jul 2026
- 7 [**Solyndra** Solyndra is a solar technology company based in Fremont, California.](https://millionrounds.com/company/solyndra) Solyndra is a solar technology company based in Fremont, California. *Founded* 2005 Fremont, United States **$1.8B** last round Jun 2011
- 8 [**Nuro** Nuro, Inc.](https://millionrounds.com/company/nuro) Nuro, Inc. *Founded* 2016 Mountain View, United States **$1.4B** last round May 2026
- 9 [**Etched** Etched is a technology company that has developed Sohu, the world’s first specialized chip (ASIC) designed specifically for transformer inference.](https://millionrounds.com/company/etched) Etched is a technology company that has developed Sohu, the world’s first specialized chip (ASIC) designed specifically for transformer inference. *Founded* 2022 San Jose, United States **$1.0B** last round Aug 2026
- 10 [**TypeSafe AI** TypeSafe AI, founded in mid-2024 in San Francisco, specializes in developing reliable general AI systems optimized for no-human-in-the-loop automation.](https://millionrounds.com/company/typesafe-ai) TypeSafe AI, founded in mid-2024 in San Francisco, specializes in developing reliable general AI systems optimized for no-human-in-the-loop automation. *Founded* - Milpitas, United States **$910M** last round Oct 2026
- 11 [**Ayar Labs** Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions.](https://millionrounds.com/company/ayar-labs) Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions. *Founded* 2015 San Jose, United States **$904M** last round Oct 2026
- 12 [**Mind Robotics** Mind Robotics develops artificial intelligence and robotics systems designed for industrial environments and manufacturing operations.](https://millionrounds.com/company/mind-robotics) Mind Robotics develops artificial intelligence and robotics systems designed for industrial environments and manufacturing operations. *Founded* 2024 Palo Alto, United States **$900M** last round May 2026
- 13 [**Bedrock Robotics** Bedrock Robotics is an autonomous construction technology company based in San Francisco, California.](https://millionrounds.com/company/bedrock-robotics) Bedrock Robotics is an autonomous construction technology company based in San Francisco, California. *Founded* 2024 San Francisco, United States **$870M** last round Oct 2026
- 14 [**Automation Anywhere** Automation Anywhere is a global software company based in San Jose, California, founded in 2003.](https://millionrounds.com/company/automation-anywhere) Automation Anywhere is a global software company based in San Jose, California, founded in 2003. *Founded* 2003 San Jose, United States **$840M** last round Nov 2019
- 15 [**Lumilens** Lumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconnect solutions.](https://millionrounds.com/company/lumilens) Lumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconnect solutions. *Founded* 2024 San Jose, United States **$709M** last round Aug 2026
- 16 [**SiFive** SiFive is a platform offering open-source semiconductor technology and software automation.](https://millionrounds.com/company/sifive) SiFive is a platform offering open-source semiconductor technology and software automation. *Founded* 2015 San Mateo, United States **$700M** last round Apr 2026
- 17 [**MatX** MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models.](https://millionrounds.com/company/matx) MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models. *Founded* 2022 Mountain View, United States **$580M** last round Feb 2026
- 18 [**SambaNova** SambaNova Systems is an innovative artificial intelligence company based in Palo Alto, California, founded in November 2017.](https://millionrounds.com/company/sambanova) SambaNova Systems is an innovative artificial intelligence company based in Palo Alto, California, founded in November 2017. *Founded* 2017 Palo Alto, United States **$556M** last round Feb 2026
- 19 [**Etched AI** Etch believes in improving people's lives through the power of mobile technology.](https://millionrounds.com/company/etched-ai) Etch believes in improving people's lives through the power of mobile technology. *Founded* 2011 San Jose, United States **$500M** last round Jan 2026
- 20 [**Rhoda AI** Rhoda AI is a Palo Alto-based startup founded in 2024, focusing on embodied intelligence through its FutureVision platform.](https://millionrounds.com/company/rhoda-ai) Rhoda AI is a Palo Alto-based startup founded in 2024, focusing on embodied intelligence through its FutureVision platform. *Founded* 2024 Palo Alto, United States **$450M** last round Mar 2026
- 21 [**Lightmatter** Lightmatter is a Boston-based optical computing company founded in 2017 by MIT researchers.](https://millionrounds.com/company/lightmatter) Lightmatter is a Boston-based optical computing company founded in 2017 by MIT researchers. *Founded* 2017 Mountain View, United States **$433M** last round Oct 2024
- 22 [**Skydio** Skydio is a leading U.S.](https://millionrounds.com/company/skydio) Skydio is a leading U.S. *Founded* 2014 San Mateo, United States **$350M** last round Apr 2026
- 23 [**Silicor Materials** Silicor Materials engages in manufacturing and supplying polysilicon for solar cell production.](https://millionrounds.com/company/silicor-materials) Silicor Materials engages in manufacturing and supplying polysilicon for solar cell production. *Founded* 2006 San Jose, United States **$345M** last round Sept 2015
- 24 [**Serve Robotics** Serve Robotics develops self-driving robots to deliver food and supplies.](https://millionrounds.com/company/serve-robotics) Serve Robotics develops self-driving robots to deliver food and supplies. *Founded* 2021 Redwood City, United States **$330M** last round May 2026
- 25 [**Periodic Labs** We're building AI scientists and the autonomous laboratories for them to operate.](https://millionrounds.com/company/periodic-labs) We're building AI scientists and the autonomous laboratories for them to operate. *Founded* 2025 Menlo Park, United States **$300M** last round Sept 2025
- 26 [**Muon Space** Muon Space is an American aerospace startup founded in 2021, based in Mountain View, California.](https://millionrounds.com/company/muon-space) Muon Space is an American aerospace startup founded in 2021, based in Mountain View, California. *Founded* 2021 Mountain View, United States **$295M** last round Aug 2026
- 27 [**Ouster** Ouster builds high-resolution digital lidar sensors for industrial automation, smart infrastructure, robotics, and automotive.](https://millionrounds.com/company/ouster) Ouster builds high-resolution digital lidar sensors for industrial automation, smart infrastructure, robotics, and automotive. *Founded* 2015 San Francisco, United States **$287M** last round Jul 2026
- 28 [**Vinci** Vinci is a Palo Alto, California-based company founded in 2023 that specializes in physics-based AI simulation for hardware design and engineering.](https://millionrounds.com/company/vinci) Vinci is a Palo Alto, California-based company founded in 2023 that specializes in physics-based AI simulation for hardware design and engineering. *Founded* 2023 Palo Alto, United States **$286M** last round Oct 2026
- 29 [**Cowboy Space Corporation** Cowboy Space Corporation is a space infrastructure company dedicated to building orbital data centers for artificial intelligence.](https://millionrounds.com/company/cowboy-space-corporation) Cowboy Space Corporation is a space infrastructure company dedicated to building orbital data centers for artificial intelligence. *Founded* 2023 San Carlos, United States **$275M** last round May 2026
- 30 [**d-Matrix** d-Matrix is a semiconductor company based in Santa Clara, California, founded in 2019.](https://millionrounds.com/company/d-matrix) d-Matrix is a semiconductor company based in Santa Clara, California, founded in 2019. *Founded* 2019 Santa Clara, United States **$275M** last round Nov 2025
- 31 [**Serval** Serval is an AI-native IT Service Management (ITSM) platform founded in early 2024 and based in San Francisco, California.](https://millionrounds.com/company/serval) Serval is an AI-native IT Service Management (ITSM) platform founded in early 2024 and based in San Francisco, California. *Founded* - San Francisco, United States **$272M** last round Oct 2026
- 32 [**Quantenna Communications** Quantenna specializes in providing Wi-Fi solutions.](https://millionrounds.com/company/quantenna-communications) Quantenna specializes in providing Wi-Fi solutions. *Founded* 2006 San Jose, United States **$270M** last round Dec 2014
- 33 [**Rivos** Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises.](https://millionrounds.com/company/rivos) Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises. *Founded* 2021 Santa Clara, United States **$250M** last round Aug 2025
- 34 [**Celestial AI** Celestial AI is a semiconductor and AI infrastructure company specializing in optical interconnect technology for data centers and AI computing systems.](https://millionrounds.com/company/celestial-ai) Celestial AI is a semiconductor and AI infrastructure company specializing in optical interconnect technology for data centers and AI computing systems. *Founded* 2020 Santa Clara, United States **$250M** last round Mar 2025
- 35 [**SiMa.ai** SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform.](https://millionrounds.com/company/sima-ai) SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform. *Founded* 2018 San Jose, United States **$235M** last round Sept 2026
- 36 [**GA Telesis** GA Telesis a world-leading commercial aviation company.](https://millionrounds.com/company/ga-telesis) GA Telesis a world-leading commercial aviation company. *Founded* 2002 San Jose, United States **$225M** last round Jun 2017
- 37 [**Frore Systems** Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Taiwan and offices in South Korea.](https://millionrounds.com/company/frore-systems) Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Taiwan and offices in South Korea. *Founded* 2018 San Jose, United States **$223M** last round Mar 2026
- 38 [**SolFocus** SolFocus, Inc.](https://millionrounds.com/company/solfocus) SolFocus, Inc. *Founded* 2005 San Jose, United States **$211M** last round Apr 2012
- 39 [**Atom Computing** Atom Computing is a quantum computing company based in Berkeley, California, with a commercial facility in Boulder, Colorado.](https://millionrounds.com/company/atom-computing) Atom Computing is a quantum computing company based in Berkeley, California, with a commercial facility in Boulder, Colorado. *Founded* 2018 Berkeley, United States **$200M** last round Nov 2026
- 40 [**Generalist** Generalist, also known as Generalist AI, is a robotics company based in San Mateo, California, with a mission to develop general-purpose robots that can operate](https://millionrounds.com/company/generalist) Generalist, also known as Generalist AI, is a robotics company based in San Mateo, California, with a mission to develop general-purpose robots that can operate *Founded* 2024 San Mateo, United States **$200M** last round Aug 2026
- 41 [**LeoLabs** LeoLabs is an aerospace company that supplies and provides low Earth orbit mapping and space situational awareness services.](https://millionrounds.com/company/leolabs) LeoLabs is an aerospace company that supplies and provides low Earth orbit mapping and space situational awareness services. *Founded* 2016 Menlo Park, United States **$196M** last round Nov 2026
- 42 [**Eliyan** Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems.](https://millionrounds.com/company/eliyan) Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems. *Founded* 2021 Santa Clara, United States **$195M** last round Jul 2026
- 43 [**Loft Orbital** Loft Orbital is a French-American space infrastructure company founded in 2017, specializing in Space Infrastructure as a Service.](https://millionrounds.com/company/loft-orbital) Loft Orbital is a French-American space infrastructure company founded in 2017, specializing in Space Infrastructure as a Service. *Founded* 2017 San Francisco, United States **$186M** last round Sept 2025
- 44 [**Ema** Ema, short for Enterprise Machine Assistant, is an innovative AI startup based in Mountain View, California, with operations in Bangalore, India.](https://millionrounds.com/company/ema) Ema, short for Enterprise Machine Assistant, is an innovative AI startup based in Mountain View, California, with operations in Bangalore, India. *Founded* 2023 San Francisco, United States **$163M** last round Sept 2026
- 45 [**ManyChat** Manychat helps businesses do marketing, sales and support through Facebook Messenger.](https://millionrounds.com/company/manychat) Manychat helps businesses do marketing, sales and support through Facebook Messenger. *Founded* 2015 San Francisco, United States **$158M** last round Apr 2025
- 46 [**Capella Space** Capella Space is an information services company that provides on-demand 24/7 SAR data for government and commercial customers.](https://millionrounds.com/company/capella-space) Capella Space is an information services company that provides on-demand 24/7 SAR data for government and commercial customers. *Founded* 2016 San Francisco, United States **$157M** last round Jan 2023
- 47 [**The Bot Company** The Bot Company a household robot startup.](https://millionrounds.com/company/the-bot-company) The Bot Company a household robot startup. *Founded* - San Francisco, United States **$150M** last round Mar 2025
- 48 [**Nanosys** Nanosys is a company specializing in quantum dot technology, focusing on the development, manufacturing, and commercialization of quantum dot materials and disp](https://millionrounds.com/company/nanosys) Nanosys is a company specializing in quantum dot technology, focusing on the development, manufacturing, and commercialization of quantum dot materials and disp *Founded* 2001 Milpitas, United States **$144M** last round Jun 2015
- 49 [**Achronix Semiconductor** Achronix offers high-density and high-performance application-targeted FPGAs for communication applications.](https://millionrounds.com/company/achronix-semiconductor) Achronix offers high-density and high-performance application-targeted FPGAs for communication applications. *Founded* 2004 Santa Clara, United States **$136M** last round Apr 2013
- 50 [**ChipAgents** ChipAgents, developed by Alpha Design AI, is an innovative AI agent platform focused on semiconductor design and verification.](https://millionrounds.com/company/chipagents) ChipAgents, developed by Alpha Design AI, is an innovative AI agent platform focused on semiconductor design and verification. *Founded* 2024 Santa Clara, United States **$134M** last round Jul 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as any of these sectors, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More deep tech lists

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