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Unicorns Minted in 2025

Last updated on 31 December 2025

Which unicorns were created in 2025?

Over 140 unicorns were minted in 2025 so far (until 17th August 2025).

5 new unicorns have been added end of July and through August, all coming from the 🇺🇸 US, and all but one (Polymarket) being AI-native.

Nearly 80% of all unicorns minted in 2025 were created in the US.

Visible growth in the Middle East, with three unicorns minted in 2025 - 🇦🇪 Xpanceo (deep tech), 🇦🇪 The Open Platform (crypto), and 🇸🇦 Ninja (e-commerce).

Within Europe, 🇬🇧 the UK is the clear leader, having created unicorns like PhysicsX (AI), Cera (health), Isomorphic Labs (biotech) and MUBI (streaming).

Complete AI domination - 70% that became unicorns are AI-native, and the remaining 30% operates in other sectors.

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1	Thinking Machines Lab	🇺🇸	$12.0B			$3,000M	seed round	Jul-25	AI
2	Reflection	🇺🇸	$8.0B			$2,000M	Series B	Nov-25	AI
3	Tempo	🇺🇸	$5.0B			$500M	Series A	Oct-25	Non-AI
4	Unconventional AI	🇺🇸	$4.5B			$475M	Seed	Dec-25	AI
5	Fal	🇺🇸	$4.0B			$250M	growth round	Aug-25	AI
6	Fireworks AI	🇺🇸	$4.0B			$250M	Series C	Oct-25	AI
7	Luma	🇺🇸	$4.0B			$900M	Series C	Nov-25	AI
8	OpenEvidence	🇺🇸	$3.5B			$210M	Series B	Jul-25	AI
9	Decart	🇺🇸	$3.1B			$100M	growth round	Aug-25	AI
10	Clay	🇺🇸	$3.0B	$37M	81.1x	$100M	Series C	Jun-25	AI
11	Movement Labs	🇺🇸	$3.0B			$100M	Series B	Jan-25	Non-AI
12	Filevine	🇺🇸	$3.0B			$260M	Series E	Sep-25	Non-AI
13	Saviynt	🇺🇸	$3.0B			$700M	Series B	Dec-25	Non-AI
14	Castellion	🇺🇸	$2.8B			$350M	Series B	Jul-25	Non-AI
15	Abridge	🇺🇸	$2.8B	$8M	361.8x	$250M	Series D	Feb-25	AI
16	MaintainX	🇺🇸	$2.7B			$150M	Series D	Jul-25	AI
17	Peregrine	🇺🇸	$2.6B			$190M	Series C	Mar-25	AI
18	Celestial AI	🇺🇸	$2.5B			$250M	Series C	Mar-25	AI
19	Function Health	🇺🇸	$2.5B	$100M	25.0x	$200M	Series B	May-25	Non-AI
20	Suno	🇺🇸	$2.5B			$250M	Series C	Nov-25	AI
21	Baseten	🇺🇸	$2.2B			$150M	Series D	Sep-25	AI
22	Gamma	🇺🇸	$2.1B			$68M	Series B	Nov-25	AI
23	AgiBot	🇨🇳	$2.1B	$208M	9.9x	undisclosed	Series B	Mar-25	AI
24	Erebor Bank	🇺🇸	$2.0B			$250M	growth round	Jul-25	Non-AI
25	Field AI	🇬🇧	$2.0B			$315M	growth round	Aug-25	AI
26	Chaos	🇺🇸	$2.0B			$275M	Series C	May-25	AI
27	Kalshi	🇺🇸	$2.0B	$24M	83.3x	$185M	Series C	Jun-25	Non-AI
28	Mercor	🇺🇸	$2.0B	$75M	26.7x	$100M	Series B	Jan-25	AI
29	Supabase	🇺🇸	$2.0B			$200M	Series D	Mar-25	Non-AI
30	The Bot Company	🇺🇸	$2.0B			$150M	Series B	Mar-25	AI
31	CompanyCam	🇺🇸	$2.0B			$415M	Series C	Aug-25	AI
32	HawkEye 360	🇺🇸	$2.0B			$150M	Series E	Dec-25	Non-AI
33	Invisible	🇺🇸	$2.0B			$100M	growth round	Sep-25	AI
34	Stoke	🇺🇸	$2.0B			$610M	Series D	Oct-25	Non-AI
35	Olipop	🇺🇸	$2.0B	$400M	4.9x	$138M	Series C	Feb-25	Non-AI
36	Reve	🇺🇸	$1.9B			$350M	Series B	Nov-25	AI
37	Neko Health	🇸🇪	$1.8B			$260M	Series B	Jan-25	AI
38	Lovable	🇺🇸	$1.8B	$75M	24.0x	$200M	Series A	Jul-25	AI
39	Quince	🇺🇸	$1.8B	$1,000M	1.8x	$72M	Series C	Jan-25	Non-AI
40	Distyl	🇺🇸	$1.8B			$175M	Series B	Sep-25	AI
41	Radiant	🇺🇸	$1.8B			$300M	Series D	Dec-25	Non-AI
42	Strive Health	🇺🇸	$1.8B			$300M	Series D	Sep-25	Non-AI
43	Isomorphic Labs	🇬🇧	$1.8B			$605M	series A	Mar-25	AI
44	Ohalo	🇺🇸	$1.7B			$165M	Series B	Feb-25	Non-AI
45	Unitree	🇨🇳	$1.7B	$140M	11.9x	$97M	Series C	Jun-25	Non-AI
46	Hippocratic AI	🇺🇸	$1.6B			$141M	Series B	Jan-25	AI
47	Wayflyer	🇮🇪	$1.6B			$185M	Series B	Jun-25	Non-AI
48	Gecko Robotics	🇺🇸	$1.6B	$44M	37.0x	$122M	Series D	Jun-25	AI
49	Pathos	🇺🇸	$1.6B			$365M	Series D	May-25	AI
50	Modular	🇺🇸	$1.6B			$250M	growth round	Sep-25	AI