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AI Leads New Unicorn Creation As Ranks Of $1B Startups Swells

All told, fewer than 100 companies joined the Unicorn Board in 2023, the lowest count in more than five years, an analysis of Crunchbase data shows.

Saudi arabiaAbu dhabiDom guzmanAileen leeSaudi national bankCrunchbase unicorn boardUnicorn boardCowboy venturesSaudi nationalLightspeed ventureSnack is busyHaoxiangni jujube industryYankershop foodAndalusia labsEmployerdirect healthcareExited unicorn

Two identity management startups join hallowed unicorn ranks in October

The two cybersecurity firms joining Crunchbase’s list of companies valued at $1 billion were Prove Identity and Keyfactor.

International information system security certification consortiumUnicorn boardOctober crunchbaseSilicon valleyProve identityNew york basedMassmutual venturesCapital one venturesSixth street groupBaichuan intelligence

New Unicorns In May Hit Double Digits With Two AI Companies

Ten companies joined The Crunchbase Unicorn Board last month as investors continue to downgrade unicorn portfolio values.

United statesAbu dhabiAbuz abyUnited arab emiratesNew yorkDom guzmanGoldman sachsRyefield energyExpansion fundCrunchbase unicorn boardTiger globalSalesforce venturesAvenue oneZhiyuan roboticsBaidu capitalUnicorn board

US unicorn Front to pump part of its latest $65m fund into Dublin move

Front will use its latest funds to drive its EMEA expansion in Dublin and Paris. It revealed plans to establish an Irish base last year.

France generalMathilde collinSequoia capitalSalesforce venturesThreshold venturesUncork capitalUnicorn board

Acuity founder, Lexi Novitske, discusses the $200m Norrsken22 Africa fund

Thirty unicorn founders are backing African tech entrepreneurs through Norrsken22, a new $200m growth fund targeting founders building new tech giants.

South africaCentral african republicNigeria generalCentral africanNgetha waithakaNatalie kolbeNiklas adalberthNiklas zennstrLexi novitskeOlugbenga agboolaHans otterlingNorrsken foundationAdvisory councilAfrica tech growth fundNorrsken founders fundNorrsken house

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