While OpenAI Shattered Records, Robotics and Semiconductor Startups Quietly Added The Most New Unicorns In February

AI frontier labs continued to lead

The Crunchbase Unicorn Board

last month in terms of dollars spent and valuations, but it was hardware — robotics and semiconductors — that added the largest number of new billion-dollar companies in February.

A total of 27 companies joined the Unicorn Board last month, including six robotics companies and four semiconductor-related startups. Healthcare minted three new unicorns, while foundation AI, cloud services, aerospace and financial services each accounted for two companies that joined.

The U.S. once again dominated, with 19 companies joining the board. China tallied four new unicorns, the U.K. contributed two, and India and Germany each added one new unicorn.

Soaring valuations

Overall unicorn values soared in February as

OpenAI

raised $110 billion at a value of $840 billion, making it the most highly valued private company of all time. Its closest rival,

Anthropic

, raised $30 billion at a valuation of $380 billion, making it the fourth-largest valued company on the list.

Waymo

, the autonomous driving technology company, was valued at $126 billion, positioning it among the top 10 most highly valued private companies.

February’s new unicorns

Here are February’s newly minted unicorns.

Robotics

Bedrock Robotics

, a solution for automating building equipment for autonomous construction, raised a $270 million Series B led by

CapitalG

and

Valor Equity Partners

. The 1-year-old company, based in San Francisco, was valued at $1.8 billion.

Beijing-based

Spirit AI

, a physical intelligence foundation model and humanoid robotics company, raised a $290 million Series A led by

Chaos Investment

and

YF Capital

. The 2-year-old company was valued at $1.5 billion.

AI² Robotics

, a builder of intelligent robots for industrial and service industries, raised a $145 million Series B round. The 2-year-old Beijing-based company was valued at $1.4 billion.

Humanoid robotics company

Galaxea AI

raised a $145 million Series B led by

Jinding Capital

. The 2-year-old China-based company was valued at $1.4 billion.

Revel

, a testing and control software layer for aerospace, defense, robotics and industry, raised a $150 million Series B led by

Index Ventures

. The 1-year-old Los Angeles-based company was valued at $1 billion.

ZaiNar

, a company that transforms 5G and Wi-Fi into spatial awareness for connective devices, an underlying layer necessary for physical AI, raised a $100 million Series B from well-known investors

Steve Jurvetson

Jerry Yang

Tom Gruber

Jaan Tallinn

and

Nicholas Pritzker

. The 9-year-old Belmont, California-based company was valued at $1 billion.

Semiconductor

China-based

Nio GeniTech

, developer of a chip for advanced autonomous driving, raised a $330 million Series A led by

IDG Capital

and

Nio Capital

. The company, which is less than a year old and spun out of automaker

Nio

, was valued at $1.5 billion.

London-based

Olix

, a photonic chip company for more efficient AI inference, raised a $220 million Series A led by

Hummingbird Ventures

. The 2-year-old company, valued at $1 billion, has plans to ship its first product in 2027.

Reno, Nevada-based

Positron

, builder of memory chips for AI, raised a $230 million Series B led by

Arena Private Wealth

Jump Trading

and

Unless

. The 3-year-old company was valued at $1 billion.

MatX

, a chip developer for AI training, raised a $500 million Series B led by

Jane Street Capital

and

Situational Awareness

. The 3-year-old company, based in Mountain View, California, was valued at $1 billion. It plans to ship its first product in 2027.

Healthcare

New York-based

Garner Health

, a platform that helps employers and employees source the best doctors with improved costs, raised a $118 million Series D led by

Kleiner Perkins

. The 7-year-old company was valued at $1.4 billion.

Palo Alto, California-based

Midi Health

, a women’s telehealth provider, raised a $100 million Series D led by

Goodwater Capital

. The 4-year-old company was valued at $1 billion.

Solace

, a Redwood City, California-based digital platform that helps medicare customers connect with advocates to navigate healthcare, raised a $130 million Series C led by

IVP

. The 4-year-old company was valued at $1 billion.

Cloud services

Render

, a cloud platform for application development teams, raised a $100 million Series C led by

Georgian

. The 8-year-old San Francisco-based company was valued at $1.5 billion.

Mumbai-based

Neysa

, a cloud service GPU provider, raised a $600 million round led by

Blackstone Group

. The 3-year-old company was valued at $1.4 billion.

Foundational AI

Fundamental

, builder of an AI model to analyze large databases, raised a $225 million Series A led by

Oak HC/FT

. The company also says it has signed a partnership agreement with

Amazon

‘s

AWS

to offer the model to its customers. The 2-year-old, San Francisco-based company was valued at $1.4 billion.

Goodfire

, a model developer to debug and understand AI, raised a $150 million Series B led by

B Capital

. The 1-year-old San Francisco-based company was valued at $1.3 billion.

Aerospace

Aalyria

, a space-based communications infrastructure player to support commercial satellite and government missions, raised a $100 million Series B led by

Battery Ventures

and

J2 Ventures

. The 4-year-old Livermore, California-based company was valued at $1.3 billion.

Skyryse

, an aviation hardware and software company for automated flights, raised a $300 million Series C led by

Autopilot Ventures

and

Fidelity

. The 10-year-old El Segundo, California-based company was valued at $1.2 billion.

Financial services

London-based

Allica Bank

, a U.K.-based digital bank for small and medium-sized businesses, raised a $155 million Series D led by

GLG

Sona Asset Management

and

Ventura Capital

. The 8-year-old company was valued at $1.2 billion.

Basis

, an agentic platform for accountants, raised a $100 million Series B led by

Accel

Google Ventures

and

Lloyd Blankfein

. The 3-year-old company, based in New York, was valued at $1.2 billion.

E-commerce

Brooklyn-based

Whop

, a marketplace for creators to sell digital products, raised a $200 million round led by

Tether Ventures

. The 5-year-old company was valued at $1.6 billion.

Coding

Code Metal

, a Boston-based code translation service for legacy code, raised a $125 million Series B led by

Salesforce Ventures

. The round valued the 2-year-old company at $1.3 billion.

Defense

Berlin-based

Stark

, a developer of strike drones and autonomous defense systems, raised an undisclosed sum in a round led by

Founders Fund

that valued the 1-year-old company at $1.2 billion.

Forecasting

Boston-based

Tomorrow.io

, an AI-native weather satellite constellation, raised a $175 million Series F led by

HarbourVest Partners

and

Stonecourt Capital

. The 9-year-old company was valued at $1 billion.

Sales & marketing

New York-based

Profound

, a brand marketing platform geared for AI search, raised a $96 million Series C led by

Lightspeed Venture Partners

that valued the 1-year-old company at $1 billion.

Web3

TRM Labs

, a blockchain intelligence platform to detect crime networks, raised a $70 million Series C led by

Blockchain Capital

. The raise valued the 8-year-old company, based in San Francisco, at $1 billion.

Related Crunchbase unicorn lists:

The Crunchbase Private Unicorn Company List

(1,703)

Exited unicorns

(604)

New unicorns in 2026

(65)

New unicorns in 2025

(187)

New unicorns in 2024

(115)

New unicorns in 2023

(102)

Unicorns in the U.S.

(878)

Unicorns in Asia

(500)

European unicorns

(228)

Unicorns from LatAm

(38)

Emerging unicorn leaderboard

(471)