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Led By DeepSeek, 10 Frontier Labs Rush Onto The ÂÜÀòÊÓÆµ ÂÜÀòÊÓÆµ In June

Illustration of a unicorn

A total of 34 companies joined The ÂÜÀòÊÓÆµ ÂÜÀòÊÓÆµ 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 — at $50 billion, the highest valued new unicorn to join the ÂÜÀòÊÓÆµ 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 ÂÜÀòÊÓÆµ ÂÜÀòÊÓÆµ dropped by more than $1 trillion in June as , its most valuable company, went public.

Other notable exits from the board last month were , the maker of AI coding tool Cursor, which was acquired by SpaceX for $60 billion after last being valued at $29.3 billion. , an AI infrastructure company that operates as a layer on top of GPUs, was acquired by , and customer experience agent was purchased by 1, both for well above their last private valuations.

New unicorns in June

Here are June’s new unicorn companies:

AI labs

  • Hangzhou-based raised a $7.4 billion Series A, its first external financing, in a deal led by CEO . The 2-year-old company was valued at $50 billion and is said to be planning to list in as early as Q2 2027.
  • 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 , , and . The less than 1-year-old New York-based company was valued at $2.5 billion.
  • London-based , an AI for physical product design in aerospace, defense, energy, automotive and semiconductors, raised a $300 million Series C led by . The 6-year-old company was valued at $2.4 billion.
  • , a model developer for robotics trained on gaming videos from its sister company , raised a $320 million Series A led by . The 1-year-old New York-based company was valued at $2.3 billion.
  • , an embodied robotics intelligence company, raised a $400 million Series B led by . The 2-year-old San Mateo, California-based company with researchers from and was valued at $2 billion.
  • Shanghai-based , a  robotics intelligence company, raised a $220 million seed round led by and . The less than 1-year-old company founded by an researcher was valued at $2 billion.
  • , a builder of world models to simulate the real world impacting robotics, science, healthcare and defense, raised a $310 million Series B led by . The 2-year-old Menlo Park, California-based company was valued at $1.5 billion.
  • Bengaluru-based , an Indian sovereign AI developer, raised a $234 million Series B first close led by . The 3-year-old company was valued at $1.5 billion.
  • , an AI lab seeking to automate AI research for scientific use cases, raised a $200 million seed funding led by and . The less than 1-year-old San Francisco-based company was valued at $1 billion.
  • Hangzhou-based , a 3D model developer used in gaming, entertainment and product design, raised a $200 million Series A led by . The 3-year-old company was valued at $1 billion.

Robotics

  • Germany-based , a physical AI company building intelligent machines to to work alongside humans, raised a $1.4 billion Series C led by stablecoin issuer 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 , a builder of humanoid robots, raised a $148 million Series B led by . The 3-year-old company was valued at $1.5 billion.
  • Guangdong-based , 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.
  • , a builder of industrial arm robotics for manufacturing that said its technology learns through demonstration, raised a $200 million Series C led by and . The 9-year-old New York-based company was valued at $1 billion.

AI infrastructure

  • , which pivoted from crypto mining to data center build out for AI, raised a $400 million funding led by , and . The 2-year-old Coral Gables, Florida-based company was valued at $2.4 billion. The company has filed for a direct listing on .
  • Las Vegas-based , a cloud operator that offers customer AMD chips, raised a $350 million Series B led by and . The 2-year-old company was valued at $1.6 billion.
  • Beijing-based , 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.
  • , an AI developer cloud to train, fine-tune and deploy AI, raised a $100 million Series A led by . The 4-year-old New Jersey-based company valued at $1 billion has 1 million developers using the platform.

Defense

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

Proptech

  • Montreal-based , a mortgage financing platform, raised a $217 million Series E round. The 8-year-old company was valued at $1.1 billion.
  • India-based ,  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 . The 13-year-old company was valued at $1 billion.

Data analytics

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

Biotechnology

  • , a biotech company focused on reverse cellular aging, raised a $435 million Series C led by . 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  , building a network of labs using AI for new material discovery, raised a $450 million funding led by and . The 2-year-old company was valued at $2.6 billion.

Cryptocurrency

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

Image generation

  • Beijing-based , a video generation company, raised a $300 million Series B led by , and . 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 , a mobile banking company, raised a $400 million Series A. The 6-year-old company was valued at $1.6 billion.

Semiconductor

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

Aerospace

  • Beijing-based , 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

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

AI healthcare

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

Transportation

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

Related ÂÜÀòÊÓÆµ unicorn lists:

  • (1,822)
  • (637)
  • (213)
  • (190)
  • (118)
  • (102)
  • (935)
  • (539)
  • (248)
  • (39)
  • (488)

Related reading:

Methodology

The ÂÜÀòÊÓÆµ ÂÜÀòÊÓÆµ is a curated list that includes private unicorn companies with post-money valuations of $1 billion or more and is based on ÂÜÀòÊÓÆµ 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. ÂÜÀòÊÓÆµ 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 ÂÜÀòÊÓÆµ long after the event was announced, foreign currency transactions are converted at the historic spot price.

Illustration:


  1. Salesforce Ventures is an investor in ÂÜÀòÊÓÆµ. They have no say in our editorial process. For more, head here.

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