In 2025, the tech industry witnessed a significant increase in the creation of new unicorns, with over 100 startups achieving this coveted status so far. TechCrunch, utilizing data from Crunchbase and PitchBook, has meticulously tracked these VC-backed companies that crossed the $1 billion valuation mark.
AI continues to be a major driving force, propelling numerous startups into unicorn territory on a monthly basis. While many of these newly minted unicorns are AI-focused, a considerable number hail from diverse sectors such as satellite space ventures like Loft Orbital and blockchain-based trading platforms like Kalshi.
Among the notable additions to the unicorn club in December are:
- Heven Aerotech – Valued at $1 billion, this startup founded in 2019 specializes in hydrogen-powered drones and recently secured a $100 million Series B funding round.
- Unconventional AI – With a valuation of $4.5 billion, this startup established in 2025 by Naveen Rao, formerly of Databricks, focuses on developing energy-efficient AI computers. It raised $475 million in a seed round with backing from investors like Andreessen Horowitz and Lightspeed.
- Saviynt – Valued at $3 billion, this cybersecurity startup founded in 2010 recently closed a $700 million Series B funding round, bringing its total funding to $740 million.
As the year progresses, this list of tech unicorns is expected to evolve, showcasing the latest billion-dollar startups that are reshaping the tech landscape.
Source: TechCrunch