More than 100 new tech unicorns were minted in 2025 — here they are

In 2025, the surge in AI-driven innovation has propelled over 100 startups to achieve unicorn status—valuations exceeding $1 billion—according to data from Crunchbase and PitchBook tracked by TechCrunch. While the majority of these new unicorns are AI-focused, notable exceptions include companies in satellite technology, such as Loft Orbital, and blockchain-based platforms like Kalshi. The list of these high-value startups is dynamic and updated regularly, reflecting the fast-paced nature of venture capital investment in emerging technologies. Highlighted unicorns from late 2025 include Heven Aerotech, developing hydrogen-powered drones with $115.2 million raised; Unconventional AI, founded by a former Databricks AI lead and valued at $4.5 billion after a $475 million seed round; and Saviynt, a cybersecurity firm with $740 million in funding and a $3 billion valuation. Other significant entrants include Serval and Main Func, both creating AI agents to automate professional tasks, with