Thirteen companies spanning sectors from AI to energy and professional services joined The ¸½½üÉÏÃÅ ¸½½üÉÏÃÅ in July, while five had exits, a hopeful signal for the hundreds of well-funded companies stabled on the board.
The board also reached a new milestone last month: It now includes more than 1,600 unicorn startups, or private companies currently valued at $1 billion or more, according to ¸½½üÉÏÃÅ data.
Among the 13 new companies, six are U.S.-based, two are from Sweden, and one each hail from France, China, Singapore, UAE and Saudi Arabia. Leading sectors for new unicorns in July were AI apps and infrastructure, e-commerce and healthcare.
Five exits
Last month also posted five unicorn exits, signaling that more liquidity could be on the horizon from the board, which still holds a collective valuation just under $6 trillion.
Three unicorns went public in July: San Francisco-based design collaboration platform , Beijing-based autonomous robotics company , and Atlanta-based insurtech .
Two companies were also acquired: California-based —Ìýwas bought by AI code generation startup for an undisclosed price after an earlier planned $3 billion acquisition by fell apart —Ìýand Texas-based , which aims to improve payment outcomes for hospitals was acquired by for $1.25 billion.
July’s newly minted unicorns
New unicorn industries in July ran the gamut from media and entertainment to transportation, to AI. Here are last month’s 13 newly minted unicorns, by sector.
AI
- Vibe coding startup raised a $200 million Series A led by . The 1-year-old Stockholm, Sweden-based company was valued at $1.8 billion. The startup said it reached $75 million in annual recurring revenue, or ARR, in seven months since turning on revenue. After its funding announcement, growth sped up to . Lovable says it has 2.3 million users and 180,000 subscribers.
- Media infrastructure AI provider raised a $125 million Series C led by . The 4-year-old San Francisco-based company was valued at $1.5 billion.
- Multimodal AI solutions lab raised a $110 million Series B from investors and among others. The 3-year-old Sunnyvale, California-based company was valued at $1 billion.
E-commerce
- , a tech platform for booking flights, raised a private equity funding led by . The 24-year-old Uppsala, Sweden-based company owns multiple travel brands, and powers flights for . Etraveli, previously acquired by , was valued at $3.1 billion.
- Quick commerce service raised a $254 million funding led by Saudi Arabia-based . The company delivers groceries and essentials across Saudi Arabia, Bahrain, Qatar and Kuwait. The 3-year-old Saudi Arabia-based company was valued at $1.5 billion.
Data and analytics
- , which simplifies management of python and R for data science projects, raised a $150 million Series C led by . The 13-year-old Austin, Texas-based company was valued at $1.5 billion. Anaconda has $150 million in ARR as of July 2025 and says it’s profitable.
Energy
- , a subsidiary of battery provider , is using AI to reimagine its battery business from materials, oversight and recycling. It raised an undisclosed Series A funding. The Fujian, China-based subsidiary was valued at $1.4 billion.
VR/AR
- , developer of a smart contact lens, raised a $250 million Series A led by Hong Kong-based . Prototypes include smart lenses with biosensors for health monitoring, XR/AR content for gaming, and night vision capabilities. The 4-year-old Dubai-based company was valued at $1.4 billion.
Healthcare
- , a note taking scribe that integrates into clinical workflows, raised a $243 million Series C led by and. The 5-year-old San Francisco-based company was valued at $1.3 billion.
Professional services
- Employee experience platform merged with Swiss-based mobile-first deskless employee management software . The deal is backed by London-based , a major shareholder in LumApps. The 12-year-old France-based company was valued at $1.1 billion.
Media and entertainment
- Newsletter publishing platform raised a $100 million Series C led by and . The 8-year-old San Francisco-based company was valued at $1.1 billion.
Networking
- , a digital eSIMÌý provider for devices for travelers, raised a $220 million Series C led by . The 6-year-old company operating from Singapore was valued at $1 billion.
Transportation
- spinoff , builder of yet-to-be-launched products in the micromobility and e-bikes sector, raised a $200 million funding led by , after raising from four months earlier.Ìý The less than 1-year-old Palo Alto, California-based company was valued at $1 billion.
Related ¸½½üÉÏÃÅ unicorn lists:
- (1,602)
- (87)
- (112)
- (102)
- (802)
- (497)
- (211)
- (37)
- (455)
Related reading:
- Startup Funding Stays Flat, But Figma IPO Lights A Spark In The Market
- July’s Most-Active US Investors: Andreessen, Insight And Y Combinator Top Busy Month
- June Hits 3-Year High In Unicorn Births Across AI, Robotics And More
Methodology
The ¸½½üÉÏÃÅ ¸½½üÉÏÃÅ is a curated list that includes private unicorn companies with post-money valuations of $1 billion or more and is based on ¸½½üÉÏÃÅ data. New companies are 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 .
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. ¸½½üÉÏÃÅ 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 ¸½½üÉÏÃÅ long after the event was announced, foreign currency transactions are converted at the historic spot price.
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