Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year.

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In 2025, over 100 venture-backed startups achieved unicorn status (valuations exceeding $1 billion), with AI-related companies dominating the list. Notable unicorns include Unconventional AI ($4.5B), Thinking Machines ($10B founded by OpenAI alum Mira Murati), and Polymarket ($9B). The list spans diverse sectors including AI infrastructure, healthcare, defense tech, crypto, robotics, and quantum computing. Major investors like Andreessen Horowitz, Sequoia Capital, and Kleiner Perkins backed multiple companies. Funding rounds ranged from modest Series B rounds to massive seed rounds like Thinking Machines' $2B raise.

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