Unicorns Keep Popping Up Despite Tight VC Market - Here's the Latest List
In the ever-evolving world of startups, unicorns are still being created despite the challenges of the venture capital market. Thanks to data from Crunchbase, CB Insights, and PitchBook, TechCrunch has tracked down the newest unicorns of the year. From Elon Musk's xAI valued at a whopping $24 billion to a plethora of AI startups, the list is filled with promising companies. But it's not just AI that's shining - cybersecurity, health tech, and fintech are also making waves. Keep an eye on this list as it gets updated throughout the year to see the powerhouses rising in 2024!
Breaking Down the Unicorns by Month
July:
- Aven ($1 billion): Consumer credit card company with a $142 million Series D
- Flo Health ($1 billion): Fertility-tracking app with a $200 million Series C
- Altana Technologies ($1 billion): Global supply chain management company with a $200 million Series C
- Chainguard ($1.1 billion): Cybersecurity company with a $140 million Series C
- Harvey ($1.5 billion): Legal AI platform with a $100 million round
- Saronic Technologies ($1 billion): Defense tech maker of autonomous surface vessels with a $175 million Series B
June:
- Huntress ($1.6 billion): Managed cybersecurity startup with a $180 million Series D
- xAI ($24 billion): AI startup founded by Elon Musk with a $6 billion Series B
- BillionToOne ($1 billion): Disease-screening genetic testing company with a $130 million Series D
May:
- X Altruist ($1.5 billion): Fintech startup with a $169 million Series E
- Weka ($1.6 billion): SaaS data storage company with a $140 million Series E
- Farcaster ($1 billion): Blockchain-based social media startup with a $150 million Series A
- Sigma Computing ($1.5 billion): AI-driven big data analytics startup
- X Humanity Protocol ($1 billion): Blockchain palm-scanning identity startup with a $30 million seed round
And the list goes on, with more unicorns emerging in the months of April, March, February, and January. From data security providers to humanoid robot companies, the unicorn landscape is diverse and promising.
So, what does this mean for you? As an investor, keeping an eye on these unicorns could lead to lucrative investment opportunities. For the average person, understanding the companies that are shaping the future can provide insights into emerging trends and technologies that may impact our lives. Whether you're a seasoned investor or just curious about the latest in tech, these unicorns offer a glimpse into the exciting world of startups and innovation.