June Sees Highest Number of New Unicorns in Three Years
Twenty companies reached unicorn status in June — the most in a single month since July 2022 — as sectors like AI, robotics, and fintech led the surge.
The most valuable new unicorn was Thinking Machines Lab, which raised a record-setting $2 billion seed round, giving the AI research lab a $12 billion valuation.
The U.S. led global unicorn creation with 11 companies, followed by China with four. Israel, India, UAE, Switzerland, and New Zealand each contributed one new unicorn, with New Zealand celebrating its first.
Major Exits: IPOs and Acquisitions
June was also notable for company exits. Six unicorns went public, including four from the U.S.
- Chime, a neobank, was the largest, going public at a $9.8 billion valuation.
- Circle, a payments platform; Caris Life Sciences, a precision medicine company; and Omada Health, a behavioral health startup, also made public debuts.
- In China, Unisound (voice AI) and Caocoa Chuxing (vehicle sharing) went public.
Two companies were acquired:
- Melio, a small-business payments service, was bought by Xero.
- Movable Ink was acquired by Symphony Technology Group.
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New Unicorns by Sector
AI
- Thinking Machines Lab (San Francisco): $2B seed round, $12B valuation.
- Decagon (San Francisco): $131M Series C, $1.5B valuation.
- Seekr (Virginia): $17.3M raise, $1.2B valuation.
- ai (San Francisco): Secondary round, $1B valuation.
Robotics
- Unitree Robotics (China): $97M Series C, $1.7B valuation.
- Gecko Robotics (Pittsburgh): $125M Series D, $1.3B valuation.
- Galaxy Bot (China): $153M raise, $1B valuation.
Financial Services
- Kalshi (New York): $185M Series C, $2B valuation.
- Juniper Square (San Francisco): $130M Series D, $1.1B valuation.
Developer Tools
- Linear (San Francisco): $82M Series C, $1.3B valuation.
- Coralogix (Israel): $115M Series E, $1.1B valuation.
Web3
- Zama (Switzerland): $57M Series B, $1.2B valuation.
- The Open Platform (UAE): $29M Series A, $1B valuation.
Software
- Kylinsoft (China): $418M corporate funding, $1.6B valuation.
Healthcare
- United Imaging Intelligence (China): $139M Series A, $1.4B valuation.
Sports
- Teamworks (North Carolina): $235M Series F, $1.2B valuation.
Defense Tech
- Onebrief (Hawaii): $24M Series C extension, $1.1B valuation.
Network Services
- Meter (San Francisco): $170M Series C, $1B valuation.
E-Commerce
- Jumbotail (India): $120M Series D, $1B valuation. The company also acquired Solv.
Devices
- Halter (New Zealand): $99M Series D, $1B valuation.
The Rise of Global Unicorns
June’s activity signals a strong rebound in unicorn creation, particularly in AI, blockchain, and software sectors. With a growing number of startups reaching billion-dollar valuations across continents, the global unicorn landscape is expanding rapidly.