A total of 34 companies joined The Crunchbase Unicorn Board in June, altogether adding more than $110 billion in value.

Ten of those companies were AI labs, collectively valued at $65 billion. The most well-known was Beijing-based open source model developer DeepSeek — at $50 billion, the highest valued new unicorn to join the Unicorn Board this year.

The new unicorn frontier labs are focused on new architectures in AI model development in robotics, physics and self-learning, as well as on open source development, and in the case of one India-based startup, sovereign AI.

Other leading sectors with multiple companies were in robotics and AI infrastructure, with four companies in each.

Of the new unicorns, 16 are U.S-based, while eight are from China. Two new unicorns joined the board from India, Germany and the United Kingdom and one each from Netherlands, Belgium, Canada and Saudi Arabia.

Big exits remove a trillion

Despite the influx of newcomers, the total value of The Crunchbase Unicorn Board dropped by more than $1 trillion in June as SpaceX, its most valuable company, went public.

Other notable exits from the board last month were Anysphere, the maker of AI coding tool Cursor, which was acquired by SpaceX for $60 billion after last being valued at $29.3 billion. Modular, an AI infrastructure company that operates as a layer on top of GPUs, was acquired by Qualcomm, and customer experience agent Fin was purchased by Salesforce, both for well above their last private valuations.

New unicorns in June

Here are June’s new unicorn companies:

AI labs

• Hangzhou-based DeepSeek raised a $7.4 billion Series A, its first external financing, in a deal led by CEO Liang Wenfeng. The 2-year-old company was valued at $50 billion and is said to be planning to list in Shanghai as early as Q2 2027.
• Flourish is building a new AI architecture based on neuroscience called Cortex AI that promises lower power use. It raised a $500 million Series A from Jeff Bezos, Lux Capital, GV and Catalio Capital Management. The less than 1-year-old New York-based company was valued at $2.5 billion.
• London-based PhysicsX, an AI for physical product design in aerospace, defense, energy, automotive and semiconductors, raised a $300 million Series C led by Temasek. The 6-year-old company was valued at $2.4 billion.
• General Intuition, a model developer for robotics trained on gaming videos from its sister company Medal, raised a $320 million Series A led by Khosla Ventures. The 1-year-old New York-based company was valued at $2.3 billion.
• Generalist AI, an embodied robotics intelligence company, raised a $400 million Series B led by Radical Ventures. The 2-year-old San Mateo, California-based company with researchers from DeepMind and Boston Dynamics was valued at $2 billion.
• Shanghai-based Bulage, a  robotics intelligence company, raised a $220 million seed round led by Gaorong Capital and HSG. The less than 1-year-old company founded by an Alibaba researcher was valued at $2 billion.
• Odyssey, a builder of world models to simulate the real world impacting robotics, science, healthcare and defense, raised a $310 million Series B led by Natural Capital. The 2-year-old Menlo Park, California-based company was valued at $1.5 billion.
• Bengaluru-based Sarvam AI, an Indian sovereign AI developer, raised a $234 million Series B first close led by HCLTech. The 3-year-old company was valued at $1.5 billion.
• Mirendil, an AI lab seeking to automate AI research for scientific use cases, raised a $200 million seed funding led by Andreessen Horowitz and Kleiner Perkins. The less than 1-year-old San Francisco-based company was valued at $1 billion.
• Hangzhou-based Vast, a 3D model developer used in gaming, entertainment and product design, raised a $200 million Series A led by Ince Capital. The 3-year-old company was valued at $1 billion.

Robotics

• Germany-based Neura Robotics, a physical AI company building intelligent machines to to work alongside humans, raised a $1.4 billion Series C led by stablecoin issuer Tether among other strategic and growth investors. The 7-year-old company, with $1 billion in its order pipeline and strategic deployments, was said to be valued at $7 billion.
• Shenzhen-based Astribot, a builder of humanoid robots, raised a $148 million Series B led by Wuxi Liangxi Science and Technology Innovation Industry Investment Fund Partnership. The 3-year-old company was valued at $1.5 billion.
• Guangdong-based DexForce, a humanoid robotics company, raised a $147 million Series B. The 5-year-old company, which projects 1,000 shipments in 2026, was valued at $1.5 billion.
• Standard Bots, a builder of industrial arm robotics for manufacturing that said its technology learns through demonstration, raised a $200 million Series C led by General Catalyst and RoboStrategy. The 9-year-old New York-based company was valued at $1 billion.

AI infrastructure

• Ionic Digital, which pivoted from crypto mining to data center build out for AI, raised a $400 million funding led by Attestor, Oaktree Capital Management and Sachem Head. The 2-year-old Coral Gables, Florida-based company was valued at $2.4 billion. The company has filed for a direct listing on Nasdaq.
• Las Vegas-based TensorWave, a cloud operator that offers customer AMD chips, raised a $350 million Series B led by AMD Ventures and Magnetar Capital. The 2-year-old company was valued at $1.6 billion.
• Beijing-based SiliconFlow, an inference solution offering customers API access to hundreds of models, raised a $296 million Series B. The 2-year-old company was valued at $1.2 billion.
• Runpod, an AI developer cloud to train, fine-tune and deploy AI, raised a $100 million Series A led by Summit Partners. The 4-year-old New Jersey-based company valued at $1 billion has 1 million developers using the platform.

Defense

• Allen Control Systems, a precision weapons company enabling existing weaponry to defend against unmanned drones, raised a $200 million Series B led by Smash Capital. The 4-year-old Austin-based company was valued at $2.2 billion.
• Mach Industries, a manufacturer of unmanned aerospace and defense systems, raised a $300 million Series C led by Infinite Capital and Ribbit Capital. The 3-year-old Huntington Beach, California-based company was valued at $1.8 billion.
• Twenty Technologies, a cyber intelligence company building products for the U.S. military, raised a $100 million Series B led by Accel, Caffeinated Capital and Tim Junio. The 1-year-old Arlington, Virginia-based company was valued at $1 billion.

Proptech

• Montreal-based Nesto, a mortgage financing platform, raised a $217 million Series E round. The 8-year-old company was valued at $1.1 billion.
• India-based Square Yards,  a property brokerage that also owns a mortgage marketplace, a property management platform, and a home interior brand raised a $95 million private equity and debt financing led by EAAA Alternatives. The 13-year-old company was valued at $1 billion.

Data analytics

• Belgium-based Kpler, an intelligence platform for global physical trade, raised a $1 billion secondary market funding led by Sixth Street Partners. The 12-year-old company was valued at $3.7 billion.

Biotechnology

• NewLimit, a biotech company focused on reverse cellular aging, raised a $435 million Series C led by Founders Fund. The 4-year-old San Francisco-based company with plans for clinical trials next year for human liver cells, was valued at $3.1 billion.

Materials

• Cambridge, U.K.-based  CuspAI, building a network of labs using AI for new material discovery, raised a $450 million funding led by Bezos Expeditions and Silicon Valley Ventures. The 2-year-old company was valued at $2.6 billion.

Cryptocurrency

• Digital Asset, a blockchain and smart contract solution for global financial institutions, raised a $355 million Series F led by a16z crypto. The 12-year-old New York-based company was valued at $2 billion.

Image generation

• Beijing-based Evoken, a video generation company, raised a $300 million Series B led by Granite Asia, Shunwei Capital and Tengxun Touzi. The 3-year-old company was valued at $2 billion and says it has built a creator community of more than 30 million users. As of May 2026 the company has $300 million in annual recurring revenue.

Financial services

• Saudi Arabia-based D360 Bank, a mobile banking company, raised a $400 million Series A. The 6-year-old company was valued at $1.6 billion.

Semiconductor

• Rotterdam-based Nearfield Instruments, a 3D metrology inspection tool for semiconductor manufacturing, raised a $380 million Series D led by Fidelity. The 10-year-old company was valued at $1.6 billion.

Aerospace

• Beijing-based Aerospace Yuxing, a space infrastructure and satellite company, raised a $207 million Series D. The 10-year-old company was valued at $1.5 billion.

E-commerce

• Redo, an e-commerce provider that supports customer interactions post purchase, raised an $81 million Series B led by Smash Capital. The 4-year-old Utah-based company supporting 4,100 brands and 1,750 merchants was valued at $1.3 billion.

AI healthcare

• Assort Health, an AI agent built for a patient’s healthcare journey and used by healthcare providers, raised a $120 million Series C led by Menlo Ventures. The 3-year-old San Francisco-based company was valued at $1.2 billion.

Transportation

• Munich-based Finn, a car subscription platform operating in Germany and partnering with 25 brands, raised a $113 million Series D led by Portage Ventures. The 7-year-old company was valued at $1.1 billion.

Related Crunchbase unicorn lists:

• The Crunchbase Private Unicorn Company List (1,822)
• Exited unicorns (637)
• New unicorns in 2026 (213)
• New unicorns in 2025 (190)
• New unicorns in 2024 (118)
• New unicorns in 2023 (102)
• Unicorns in the U.S. (935)
• Unicorns in Asia (539)
• European unicorns (248)
• Unicorns from LatAm (39)
• Emerging unicorn leaderboard (488)

Related reading:

• Crunchbase Data: Global Startup Investment Hit Record $510B In H1 2026 As AI Boom Accelerates Funding And Exits
• AI Services And Robotics Lead Diverse Crop Of 29 New May Unicorns As SpaceX, Anthropic And OpenAI Line Up Blockbuster Exits

Methodology

The Crunchbase Unicorn Board is a curated list that includes private unicorn companies with post-money valuations of $1 billion or more and is based on Crunchbase data. New companies are added to the Unicorn Board as they reach the $1 billion valuation mark as part of a funding round.

The unicorn board does not reflect internal company valuations — such as those set via a 409a process for employee stock options — as these differ from, and are more likely to be lower than, a priced funding round. We also do not adjust valuations based on investor writedowns, which change quarterly, as different investors will not value the same company consistently within the same quarter.

Funding to unicorn companies includes all private financings to companies that are tagged as unicorns, as well as those that have since graduated to The Exited Unicorn Board.

Exits analyzed here only include the first time a company exits.

Please note that all funding values are given in U.S. dollars unless otherwise noted. Crunchbase converts foreign currencies to U.S. dollars at the prevailing spot rate from the date funding rounds, acquisitions, IPOs and other financial events are reported. Even if those events were added to Crunchbase long after the event was announced, foreign currency transactions are converted at the historic spot price.

Illustration: Dom Guzman