More than 100 new tech unicorns were minted in 2025 — here they are [TechCrunch]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: TechCrunch
Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies Loft Orbital and blockchain-based trading site Kalshi. This list will be updated throughout the year, so check back and see the latest powerhouse startups that are now worth over $1 billion. December Heven Aerotech —$1 billion: This startup, founded in 2019, is creating hydrogen powered drones. It last raised a $100 million Series B, and has raised $115.2 million in total capital to date. Investors include IonQ, according to Pitchbook. Unconventional AI — $4.5 billion: This startup, founded in 2025 by Databricks former head of AI, Naveen Rao, is working on an energy-efficient computer for AI. It last raised a $475 million seed round from investors including Andreessen Horowitz and Lightspeed, Rao told Bloomberg. Saviynt — $3 billion: This i
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