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A total of 37 companies joined The Crunchbase ÌÇÐÄÊÓƵ in March, the highest monthly count in close to four years, Crunchbase data shows. The robotics sector led unicorn creation last month, with six new billion-dollar startups, including three from China. Frontier labs added four new unicorns, including two that are building models for robotics.

AI infrastructure also added four new unicorn companies focused on data center technology and provisioning. Fintech, including startups in wealth management, payment and digital assets, added four companies, while developer tools and defense each added three.

Twenty of March’s new unicorns are U.S.-based, including 11 from the San Francisco Bay Area. China added six companies in sectors ranging from robotics to AI and quantum computing.

From Europe, four new March unicorns are U.K.-based, while France, the Netherlands and Belgium each minted one. The UAE, Seychelles, India and Australia also each added one new unicorn to the board.

The most valuable unicorn newcomer last month was Seychelles-based crypto exchange , valued at $25 billion. The largest funding was a $1 billion round raised by AI pioneer ’s new frontier lab startup, Paris-based .

The board also saw a sizable cohort of very young companies earning their unicorn horns: 18 of the companies that joined the board last month were less than 3 years old. Five were not even a year old.

March’s new unicorns

AI-centric sectors by far led unicorn creation in March, with 14 of the 36 newcomers hailing from the robotics, foundational AI or AI infrastructure industries:

Robotics

• , a robotics for manufacturing company spun out by , raised a $500 million Series A led by and . The 1-year-old Palo Alto, California-based company was valued at $2 billion.
• Shenzhen-based , an intelligent sensor technology for robotics, raised a $145 million Series B led by , and . The 4-year-old company was valued at $1.5 billion.
• Beijing-based , a humanoid robotics company, raised $145 million in funding. The 2-year-old company was valued at $1.5 billion.
• , a humanoid robotics company for household tasks, raised a $165 million Series B led by . The 2-year-old Mountain View, California-based company was valued at $1.2 billion. The company plans to deploy robots to homes this year.
• Pudong, China-based , an intelligent layer for robotics in manufacturing, raised an $87 million Series D round. The 9-year-old company was valued at $1.2 billion.
• , a provider of simulated data for robotic intelligence, raised a $146 million Series A. The 3-year-old Santa Clara, California-based company was valued at $1 billion.

Foundational AI

• Paris-based raised a $1 billion seed round led by , ,, and . The less than 1-year-old company was founded by LeCun, ’s former AI lead, and is working to develop models for physical AI. It was valued at $4.5 billion in the round, which is Europe’s largest seed round on record.
• , a robot foundation model developer trained on internet scale video, raised a $450 million Series A led by . The 2-year-old Palo Alto, California-based company was valued at $1.7 billion.
• , a math foundation model developer for verified AI useful for coding and other applications, raised a $200 million Series A led by . The 1-year-old Palo Alto, California-based company was valued at $1.6 billion.
• Beijing-based , a text-to-video startup with its own AI model, raised a $300 million Series C led by . The 2-year-old company was valued at $1 billion.

AI infrastructure

• , a provider of networking hardware and software for data centers, raised a $500 million Series B led by and . The 2-year-old Santa Clara, California-based company was valued at $4.2 billion.
• , a chip cooling technology, raised a $143 million Series D led by . The 8-year-old San Jose, California-based company was valued at $1.6 billion.
• , which offers GPU rentals for startups, raised a Series A funding led by . The 2-year-old San Francisco-based company was valued at $1.5 billion.
• Redmond, Washington-based , a company building data centers in space, raised a $170 million Series A led by and . The 2-year-old company  was valued at $1.1 billion.  It launched its first satellite with a H100 in November 2025.

Financial services

• London-based , an AI-native platform for debt providers including banks, asset managers and advisory firms, raised a $170 million Series C led by . The 9-year-old company was valued at $1.3 billion.
• Mumbai-based , a wealth asset advisory firm for high-net-worth individuals and family offices, raised a $53 million private equity funding led by . The 4-year old, venture-backed asset manager was valued at $1.1 billion.
• Brussels-based , an investment group for digital assets, raised a Series C led by . The 8-year-old company was valued at $1.1 billion.
• Abu Dhabi-based , a payments infrastructure provider for regulated gaming markets, raised a $250 million funding led by . The less than 1-year-old company was valued at $1 billion.

Developer tools

• , which promises to make your app enterprise ready with authentication and other features, raised a $100 million Series C led by and. The 8-year-old San Francisco-based company was valued at $2 billion.
• , an observability platform for agentic AI, raised a $110 million Series B led by . The 3-year-old New York-based company was valued at $1 billion.
• , a software developer for hardware testing and development, raised an $80 million Series B led by . The 3-year-old Austin-based company was valued at $1 billion.

Defense

• , a drone technology company built for defense, raised a $110 million Series B led by . The 7-year-old Huntsville, Alabama-based company was valued at $1.2 billion.
• Sydney-based , provider of advanced navigation beyond GPS for military and industrial capabilities, raised a $112 million Series C led by . The 13-year-old company was valued at $1 billion.
• London-based , a builder of unmanned systems used in the Ukrainian war, raised a $50 million seed  funding led by and . The 1-year-old company was valued at $1 billion.

Biotechnology

• Austin-based , a biological AI research company spun out of  , raised a $10 million seed extension. The less than 1-year-old company was valued at $2 billion.
• , a neurotech company focused on brain computer interfaces, raised a $230 million Series C led by and  Lightspeed Venture Partners. The 5-year-old Alameda, California-based company, whose primary product, an implant to restore vision for those who suffer retinal disease, was valued at $1.5 billion.

Sales and marketing

• Amsterdam-based , a builder of agents for companies to deploy in customer service and business operations, raised a $150 million Series B led by . The 1-year-old company was valued at $2 billion.
• , an agentic layer that monitors customers and researches prospects, raised a Series B led by . The 2-year-old San Francisco-based company was valued at $1.2 billion.

Security

• , native AI security with its own human triage for customers, raised a $250 million Series B led by . The 1-year-old Sarasota, Florida-based company was valued at $1 billion.
• , which uses AI for offensive security, raised a $120 million Series C led by and . The 2-year-old Seattle-based company was valued at $1 billion.

Cryptocurrency

• Seychelles-based , a global cryptocurrency exchange platform, raised a $200 million corporate round led by , the parent company of the . The 12-year-old company was valued at $25 billion.

Telehealth

• Miami-based , ‘s telehealth provider for GLP-1 medications through employers, raised a $200 million Series A led by . The 5-year-old company was valued at $2 billion.

Professional services

• London-based , an AI notetaking startup, raised a $125 million Series C led by . The 3-year-old company was valued at $1.5 billion.

Consumer goods

• , a company with a mattress, thermal blanket and pillow designed to monitor and improve sleep, raised a $50 million Series D led by . The 11-year-old New York-based company was valued at $1.5 billion.

Accelerator

• London-based , an accelerator that sources founders from top schools, raised a $200 million Series D. The 11-year-old company, which hosts its latest cohorts in Silicon Valley, was valued at $1.3 billion.

Quantum computing

• Sichuan, China-based , a quantum computer and chip-production company, raised a $145 million Series B. The 5-year-old company was valued at $1 billion.

Autonomous driving

• Hangzhou-based , an intelligent driving platform, raised a Series A led by , and . The less than 1-year-old company was valued at $1 billion.

Related Crunchbase unicorn lists:

• (1,739)
• (609)
• (101)
• (188)
• (117)
• (102)
• (896)
• (510)
• (236)
• (38)
• (472)

Related reading:

• This Is A Momentous Year For Early-Stage Unicorns
• The Rising Investors Behind The New Unicorn Class
• While OpenAI Shattered Records, Robotics and Semiconductor Startups Quietly Added The Most New Unicorns In February

Methodology

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

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