Three Chinese companies went public last month, including Horizon Robotics and WeRide, both in autonomous driving, and courier provider BingEx. Two U.S.-based healthcare companies, Carebridge and Biofourmis, were acquired. The newly minted unicorns include AI coding platform Poolside, nuclear fusion company Pacific Fusion, AI legal tech company EvenUp, business payment platform Moniepoint, and AI robotics company Nimble Robotics.
Key takeaways:
- Five companies joined The Crunchbase Unicorn Board in October 2024, adding over $7 billion in value to the board, which now hosts more than 1,550 companies collectively valued at $5.3 trillion.
- Four of the new unicorns are from the Bay Area, and one is headquartered in London but operates in Africa.
- Five companies, last valued at $12.5 billion jointly, exited the board in October, with the overall value of the board growing due to OpenAI raising the largest round this year, $6.6 billion.
- Three companies from China went public last month, including two in autonomous driving, and two U.S.-based healthcare companies were acquired last month.