A complete of 26 corporations joined the Crunchbase Unicorn Board in September, the largest new monthly group in three years, Crunchbase data shows. The surge in new unicorns comes after a very slow August, when only 4 corporations joined the board.
In total, September’s new unicorns added $38 billion in value to the board.
Of the 26 corporations, 18 of the new unicorns got here from the United States. Two of them are based in the UK, and last month one new unicorn was minted in Finland, Singapore, Hong Kong, Korea, Australia and Mexico.
The highest-rated among new entrants was a London-based data center provider Nscale$3.2 billion and Utah-based law startup Filevine for $3 billion.
Exits
Last month, Unicorn also left, and 11 corporations left the management board. Six of those corporations went public, including a Swedish company Brightbased in Santa Clara, California Netscopeand based in San Francisco Character. Five corporations were taken over, including: Statig By OpenAI AND Thirty Madison By Medicinal drugs.
New unicorns
While healthcare was the largest group among the new unicorns, with five corporations from the sector joining the board, new members last month also got here from sectors including aerospace, semiconductors and fintech. Artificial intelligence has been a hot topic for many corporations.
Let’s take a closer look at the 26 new unicorns in September.
Healthcare
- Take care of your healthA kidney care startup that works with healthcare providers to offer patients with early detection and preventive care has raised a $300 million Series D fund led by: New employees of the company. The 7-year-old Denver-based company was valued at $1.8 billion.
- Ultragreen.aiprovider of fluorescence imaging in surgery, raised $188 million in a private equity round led by Vitruvian Partners AND Temasek‘S 65 capital partners. The one-year-old Singapore-based company was valued at $1.3 billion.
- Lili’s sciencecreator of AI tools for scientific research, raised $235 million in Series A, of which he is the leader Braidwell AND Collective global governance. The company is attempting to experiment with artificial intelligence in diagnostics, materials science, computing and energy. The three-year-old Cambridge, Massachusetts-based company was valued at $1.2 billion.
- Enveda Biosciences uses artificial intelligence to research molecules in nature for drugs. He raised $150 million in a Series D round, which he led Awards Invest which valued the six-year-old Boulder, Colorado-based company at $1 billion.
- Cancer care provider Thyme careraised a $97 million Series D from strategic and enterprise capitalists at a $1 billion valuation. The five-year-old Nashville, Tennessee-based company works with health plans and providers to support cancer patients.
artificial intelligence
- AI infrastructure provider Base raised $150 million in a Series D round, which he led Bond. The six-year-old San Francisco-based company, which goals to make AI inference in applications trustworthy, was valued at $2.2 billion.
- You have a company Invisible technologiescompetitor for AI scalesraised $100 million in funding under his leadership The capital of Vanara. The 10-year-old San Francisco-based company was valued at $2 billion.
- AI consulting company Distyle aiwhich goals to assist Fortune 500 corporations use artificial intelligence, raised $175 million in Series B, led by Khosla ventures AND Partners of the Lightspeed enterprise. A 3-year-old San Francisco-based company founded by Palantir Technologies graduates, was valued at $1.8 billion.
- Ty.coma company supporting enterprises trying to implement artificial intelligence, raised $100 million in Series C, of which it is the leader Cox Companies. The 5-year-old Palo Alto, California-based company was valued at $1.5 billion.
Fintech
- Wavea company that supports SMEs in banking, invoicing, lending and payments, among others, raised $120 million in a private equity fund led by TPG Uprising Fund. Tide entered the Indian market in 2022 and supports small businesses in this region and barely less in the UK. The 10-year-old London-based company was valued at $1.5 billion.
- Banking service provider Lead raised $70 million in Series B funding, which he led Andreessen Horowitz AND Khosla ventures with the 4-year-old company valued at $1.47 billion. Lead is a chartered bank based in Kansas City, Missouri that was acquired by Glow in 2022 to offer banking services to fintech corporations.
- Capitaltechnology-leading bank serving clients in Mexico, Colombia and the U.S. raised $100 million in Series C led by Partners of the Pelion enterprise AND Tribal capital. The bank, which has been operating for 5 years and is based in Mexico, serves small and medium-sized enterprises. Its value was estimated at $1.4 billion.
AI data center
- AI data center provider Nscale raised $1.1 billion in Series B funding led by a Norwegian industrial investment company Akera with participation from Nvidia AND Nokia. The 2-year-old London company was valued at $3.1 billion. Its clients include Nvidia, Microsoft AND OpenAI. Since announcing its Series B, Nscale has raised one other $433 million SAFE towards its Series C.
- AI data center Corporate technologies raised $220 million in private equity funds led by The capital of Ellerston with the participation of Nvidia. The Singapore and Tasmania data center operator, a 6-year-old Tasmania-based company, was valued at $1.2 billion.
AI Cloud
- Modulara startup that creates a layer of AI computer software independent of the chips they run on raised $250 million in Series C, led by American Fund for Innovative Technologies. The 3-year-old Palo Alto, California-based company was valued at $1.6 billion.
- Modal laboratoriesa company that allows developers to run artificial intelligence without managing infrastructure raised $87 million in Series B, led by Capital Lux. The 4-year-old New York company was valued at $1.1 billion.
Legal technology
- Legal technology start-up Filevinecompany that unifies case management, communications and invoicing with artificial intelligence, raised a $260 million Series E extension led by Speed up, Insight partners and based in Utah Halo Experience Co. The 11-year-old Salt Lake City-based company says 6,000 customers use its platform. It was valued at $3 billion.
- Evelegal technology startup supporting plaintiff law firms raised $103 million in Series B, led by Spark capital. The 5-year-old San Francisco-based company was valued at $1 billion.
Web3
- Zerohashcryptocurrency and stablecoin infrastructure provider raised $104 million in a Series D round he led Interactive Broker Group. The eight-year-old Chicago-based company was valued at $1 billion.
- RedotPaystablecoin payment solutions provider, raised $47 million in led funding Coinbase Ventures. The year-old Hong Kong-based company was valued at $1 billion.
Semiconductor
Development platform
- A developer tools company Poczta Wieprzservice that helps engineers release new features and track their impact, raised $75 million for Series E, led by Series E Partners of the fifteenth Summit. The 5-year-old San Francisco-based company was valued at $1.4 billion.
Hardware
- Independent smartphone manufacturer Thread raised $200 million in Series C led by Global Tiger Management. The five-year-old London-based company goals to reinvent the smartphone with AI intelligence and has been valued at $1.3 billion.
Quantum computing
Materials science
- Periodic laboratoriesstartup that plans to build materials science applications using artificial intelligence has launched out of stealth to announce a $300 million seed round led by Andreessen Horowitz. The lower than a yr old company based in Menlo Park, California was valued at $1 billion.
Aviation
- Satellite manufacturer Top raised $200 million in a Series D round, which he led The capital of Interlagos. The Los Angeles-based company, which has been operating for three years, was valued at $1 billion.
Methodology
The Crunchbase Unicorn Board is a curated list of personal unicorn corporations with a post-money valuation of at least $1 billion, based on Crunchbase data. There are new corporations added to the Unicorn Board after it reached $1 billion in funding round.
The unicorn board does not reflect internal company valuations – resembling those determined through the 409a process for worker stock options – because they are different from the valued financing round and will almost definitely be lower. We also do not adjust valuations based on investor write-downs, which change quarterly, because different investors is not going to value the same company consistently in the same quarter.
Unicorn company financing includes all private financing of corporations designated as unicorns, in addition to people who have since transformed into Coming out unicorn board.
The exits analyzed here include only the firm’s first exit.
Please note that every one financing amounts are in US dollars unless otherwise noted. Crunchbase converts foreign currency to U.S. dollars at the spot rate in effect on the date financing rounds, acquisitions, IPOs and other financial events are reported. Even if these events were added to Crunchbase long after the event was announced, foreign currency transactions are converted at the historical spot price.