Discover the Unexpected Unicorn Startups Reaching New Heights in April
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Discover the Unexpected Unicorn Startups Reaching New Heights in April
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On May 15, 2025, seven companies joined the Unicorn Board in April, driven mainly by advancements in AI. Six unicorns specialize in software, while one defense tech firm operates in hardware and software. The healthcare startups target consumers and enterprise/government sectors. Six new unicorns are based in the U.S., and one is in Toronto, Canada. In April, 38 companies raised funding, with notable up rounds including an AI lab increasing its valuation by 540% to $32 billion and a security company reaching $3.5 billion. Two firms doubled valuations within two years, while several experienced down rounds, reflecting previous market valuations. The Unicorn Board now includes 1,585 companies valued at $5.9 trillion, with a quarter having raised funding since early 2024. The newly minted unicorns span various sectors: two data platforms (Supabase and Redpanda Data), two healthcare firms (Chapter and Nourish), two security companies (Tailscale and Cyberhaven), and one defense tech startup (Chaos).
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