At least 36 new tech unicorns were minted in 2025 so far

The year 2025 has witnessed an impressive emergence of 36 new startups reaching unicorn status, fueled by the growing excitement around artificial intelligence (AI). Monthly, more companies are achieving valuations exceeding $1 billion, showcasing an investor frenzy. According to data compiled from Crunchbase and PitchBook, many of these newly minted unicorns are AI-oriented. However, several innovative companies from diverse sectors, such as satellite technology and blockchain trading, are also making their mark. Noteworthy examples include Loft Orbital, a satellite company, and Kalshi, a blockchain-based trading platform. The list of unicorns is continuously updated, providing insights into the latest powerhouse startups that are transforming their industries. Here are some highlights: - **Linear**: Valued at $1.25 billion, this software development and product management tool secured an $82 million Series C round, bringing total funding to over $130 million from investors like Accel and Sequoia Capital. - **Gecko**: Specializing in robotics for data collection, Gecko achieved a valuation of $1.62 billion following a $121 million Series D funding round. The company has raised more than $340 million since its inception in 2013. - **Thinking Machines**: Founded by OpenAI alum Mira Murati, this AI research firm raised an astounding $2 billion in seed funding, propelling its valuation to $10 billion. - **Pathos**: A drug development firm founded in 2020, Pathos reached a valuation of $1.6 billion after securing $365 million in Series D funding, with total funding exceeding $460 million. - **Function**: This health tech company raised $200 million, leading to a valuation of $2.5 billion. Founded in 2020, it has attracted over $250 million in total funding. The landscape of startups is evolving rapidly, with new players emerging regularly, each contributing to the dynamic ecosystem of innovation and investment. As the year progresses, the list of unicorns will expand, reflecting the continuous drive for growth and excellence in the tech industry.