Despite the tight venture capital market, unicorns are still being created every month.
Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups. But cybersecurity, health tech and fintech have also done well. This list will be updated throughout the year, so check back and see the powerhouses raising this year!
December
Fervo Energy — $1.4 billion: This geothermal clean energy company, founded in 2017, raised a $499 million Series D, valuing the company at $1.4 billion, according to Pitchbook. Investors in the company include Bill Gates, Jeff Bezos, and Richard Branson.
Speak — $1 billion: This AI company focuses on real-time communications. Founded in 2017, it last raised a $78 million Series C led by Accel, valuing the company at $1 billion, according to Crunchbase.
Anysphere — $2.6 billion: Founded in 2022, this AI coding company raised a $100 million Series B, valuing the company at $2.6 billion, according to Crunchbase. Thrive Capital and Andreessen Horowitz are investors in the company.
Ayar Labs — $1 billion: Founded in 2015, this AI data company raised a $155 million Series D round valuing it a $1 billion, according to Crunchbase. Investors in the company include Light Street Capital and Advent International.
November
Physical Intelligence — $2.4 billion: This AI robotics lab research, founded in early 2024, raised a $400 million Series A according to Crunchbase, valuing the company at $2.4 billion. Investors include Jeff Bezos, Lux Capital, and Thrive Capital.
Writer — $1.9 billion: This full-stack generative AI platform for the enterprise, founded in 2020, raised a $200 million Series C, valuing the company at $1.9 billion. Premji Invest, Radical Ventures, and ICONIQ Growth co-led the round.
Halcyon — $1 billion. The anti-ransomware company, found …