Top Startups in Los Angeles
Discover the top LA startups from the last year, including major raises by HydrogenXT, Radiant, and Saviynt. See who is leading the city's tech surge.
- 01Energy • Natural Resources•California$961.1MEquity
Blue hydrogen developer HydrogenXT raised $900mn in debt and equity led by Kell Kapital Partners Limited, with participation from its institutional partners.
- 02Artificial Intelligence (AI) • Data and Analytics•California$700MSeries B
Identity-security startup Saviynt raised a $700 million Series B growth-equity round led by KKR with Sixth Street Growth, TenEleven, and Carrick Capital Partners participating.
- 03Government and Military • Information Technology•California$510MSeries D
Defense-tech startup CHAOS Industries raised $510 million in new funding led by Valor Equity Partners with participation from 8VC and Accel.
- 04Energy • Sustainability•California$300MEquity
Radiant, a micro-nuclear reactor startup, raised a more than $300 million round led by Draper Associates and Boost VC, with Ark Venture Fund, Chevron Technology Ventures, Friends & Family Capital, Founders Fund and others participating.
- 05Clothing and Apparel • Commerce and Shopping•California$225MEquity
Skims, a fast-growing shapewear and apparel brand, raised a $225 million funding round led by Goldman Sachs Alternatives with participation from BDT and MSD Partners.
- 06Manufacturing • Other•California$200MSeries D
High-rate configurable satellite bus maker Apex raised a $200M Series D led by Interlagos; the round pushes the company's valuation above $1B.
- 07Design • Manufacturing•California$187MSeries C
Space-based drug manufacturing company Varda Space raised a $187M Series C announced Thursday led by Natural Capital and Shrug Capital; Peter Thiel, Lux Capital, Khosla Ventures and Caffeinated Capital participated.
- 08Financial Services•California$152MSeries F
Altruist, a Los Angeles–based modern custodian for RIAs, raised a $152M Series F led by GIC, with Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office and ICONIQ Growth participating.
- 09Food and Beverage•California$150MEquity
Fruitist, a premium superfruit producer, raised a $150 M equity financing led by a vehicle managed by J.P. Morgan Asset Management.
- 10Energy • Natural Resources•California$130MSeries A
Valar Atomics, an El Segundo-based nuclear fission company, raised $130 million in a Series A led by Snowpoint Ventures with co-leads Day One and Dream, and participation from Balerion, Contrary, DTX, Alumni, Crosscut, Triplepoint, Palmer Luckey, Shyam Sankar and other funds and angels
- 11Information Technology • Mobile•California$127MSeries C
Commercial services field-service software BuildOps raised a $127M Series C led by Meritech Capital; Bond Capital, SE Ventures, Fika Ventures, Next47, StepStone Group and others participated
- 12Financial Services • Media and Entertainment•California$124MEquity
beatBread, a music funding platform, raised $124M in credit and equity from Citi SPRINT, Deciens Capital, Mucker Capital, Advantage Capital, GMO and Triple 8 Management.
- 13Administrative Services • Data and Analytics•California$122MEquity
Lunar exploration startup iSpace is raising ¥18.3 B ($121.9 M) through a public common-stock offering, with shares allocated to investors including JCI Venture Growth Investments, Takasago Thermal Engineering, Kurita Water Industries, and the Development Bank of Japan.
- 14Health Care•California$120MSeries B
Hair-loss therapy developer Pelage Pharmaceuticals raised a $120M Series B equity round co-led by ARCH Venture Partners and GV, with participation from Main Street Advisors, Visionary Ventures and YK Bioventures.
- 15Energy • Government and Military•California$100MSeries B
Advanced-materials startup Cambium raised a $100 million Series B led by 8VC with participation from MVP Ventures, Lockheed Martin Ventures, GSBackers, Veteran Ventures Capital, J17 Ventures, Vanderbilt University, Alumni Ventures, Gaingels, Inevitable Ventures, JACS Capital, Jackson Moses, and other investors.
- 16Biotechnology • Health Care•California$96MSeries C
TORL BioTherapeutics, a CLDN6-targeted cancer ADC developer, raised a $96 million Series C round from new and existing life-sciences investors.
- 17Internet Services • Other•California$80MSeries D
Boulevard, a scheduling-and-payments platform for self-care businesses, raised an $80M Series D led by JMI Equity; Index Ventures and VMG Partners participated
- 18Commerce and Shopping • Food and Beverage•California$80MEquity
Last-mile delivery robots startup Coco Robotics raised an $80M funding round from returning angel investors Sam Altman and Max Altman, plus VC firms Pelion Venture Partners, Offline Ventures, and others.
- 19Manufacturing • Science and Engineering•California$76MEquity
Amca, a critical aerospace-products acquirer and developer based in El Segundo, launched with $76M in funding; backers included Caffeinated Capital, Founders Fund, Lux Capital, Andreessen Horowitz and others.
- 20Consumer Electronics • Consumer Goods•California$75MSeries B
FPV drone startup Neros raised a $75 million Series B equity round led by Sequoia Capital with participation from Vy Capital US and Interlagos.
