The race to back the next generation of billion-dollar startups accelerated last year as the stable of unicorn startups filled up again. A total of 187 companies joined The Crunchbase Unicorn Board in 2025 — up 61% from the previous year — driven largely by the AI boom.
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https://news.crunchbase.com/venture/unicorn-investment-momentum-ai-sequoia-a16z-2025/The race to back the next generation of billion-dollar startups accelerated last year as the stable of unicorn startups filled up again. A total of 187 companies joined The Crunchbase Unicorn Board in 2025 — up 61% from the previous year — driven largely by the AI boom.
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