Led By DeepSeek, 10 Frontier Labs Rush Onto The Crunchbase Unicorn Board In June

A total of 34 companies joined The Crunchbase Unicorn Board in June, altogether adding more than $110 billion in value. Ten of those companies were AI labs, collectively valued at $65 billion. The most well-known was Beijing-based open source model developer DeepSeek — at $50 billion, the highest valued new unicorn to join the Unicorn Board this year. The new unicorn frontier labs are focused on new architectures in AI model development in robotics, physics and self-learning, as well as on open source development, and in the case of one India-based startup, sovereign AI. Other leading sectors with multiple companies were in robotics and AI infrastructure, with four companies in each. Of the new unicorns, 16 are U.S-based, while eight are from China. Two new unicorns joined the board from India, Germany and the United Kingdom and one each from Netherlands, Belgium, Canada and Saudi Arabia. Big exits remove a trillion Despite the influx of newcomers, the total value of The Crunchbase Unicorn Board dropped by more than $1 trillion in June as SpaceX , its most valuable company, went public. Other notable exits from the board last month were Anysphere , the maker of AI coding tool Cursor, which was acquired by SpaceX for $60 billion after last being valued at $29.3 billion. Modular , an AI infrastructure company that operates as a layer on top of GPUs, was acquired by Qualcomm , and customer experience agent Fin was purchased by Salesforce , both for well above their last private valuations. New unicorns in June Here are June’s new unicorn companies: AI labs Hangzhou-based DeepSeek raised a $7.4 billion Series A, its first external financing, in a deal led by CEO Liang Wenfeng . The 2-year-old company was valued at $50 billion and is said to be planning to list in Shanghai as early as Q2 2027. Flourish is building a new AI architecture based on neuroscience called Cortex AI that promises lower power use. It raised a $500 million Series A from Jeff Bezos , Lux Capital , GV and Catalio Capital Management . The less than 1-year-old New York-based company was valued at $2.5 billion. London-based PhysicsX , an AI for physical product design in aerospace, defense, energy, automotive and semiconductors, raised a $300 million Series C led by Temasek . The 6-year-old company was valued at $2.4 billion. General Intuition , a model developer for robotics trained on gaming videos from its sister company Medal , raised a $320 million Series A led by Khosla Ventures . The 1-year-old New York-based company was valued at $2.3 billion. Generalist AI , an embodied robotics intelligence company, raised a $400 million Series B led by Radical Ventures . The 2-year-old San Mateo, California-based company with researchers from DeepMind and Boston Dynamics was valued at $2 billion. Shanghai-based Bulage , a robotics intelligence company, raised a $220 million seed round led by Gaorong Capital and HSG . The less than 1-year-old company founded by an Alibaba researcher was valued at $2 billion. Odyssey , a builder of world models to simulate the real world impacting robotics, science, healthcare and defense, raised a $310 million Series B led by Natural Capital . The 2-year-old Menlo Park, California-based company was valued at $1.5 billion. Bengaluru-based Sarvam AI , an Indian sovereign AI developer, raised a $234 million Series B first close led by HCLTech . The 3-year-old company was valued at $1.5 billion. Mirendil , an AI lab seeking to automate AI research for scientific use cases, raised a $200 million seed funding led by Andreessen Horowitz and Kleiner Perkins . The less than 1-year-old San Francisco-based company was valued at $1 billion. Hangzhou-based Vast , a 3D model developer used in gaming, entertainment and product design, raised a $200 million Series A led by Ince Capital . The 3-year-old company was valued at $1 billion. Robotics Germany-based Neura Robotics , a physical AI company building intelligent machines to to work alongside humans, raised a $1.4 billion Series C led by stablecoin issuer Tether among other strategic and growth investors. The 7-year-old company, with $1 billion in its order pipeline and strategic deployments, was said to be valued at $7 billion. Shenzhen-based Astribot , a builder of humanoid robots, raised a $148 million Series B led by Wuxi Liangxi Science and Technology Innovation Industry Investment Fund Partnership . The 3-year-old company was valued at $1.5 billion. Guangdong-based DexForce , a humanoid robotics company, raised a $147 million Series B. The 5-year-old company, which projects 1,000 shipments in 2026, was valued at $1.5 billion. Standard Bots , a builder of industrial arm robotics for manufacturing that said its technology learns through demonstration, raised a $200 million Series C led by General Catalyst and RoboStrategy . The 9-year-old New York-based company was valued at $1 billion. AI infrastructure Ionic Digital , which pivoted from crypto mining to data center build out for AI, raised a $400 million funding led by Attestor , Oaktree Capital Management and Sachem Head . The 2-year-old Coral Gables, Florida-based company was valued at $2.4 billion. The company has filed for a direct listing on Nasdaq . Las Vegas-based TensorWave , a cloud operator that offers customer AMD chips, raised a $350 million Series B led by AMD Ventures and Magnetar Capital . The 2-year-old company was valued at $1.6 billion. Beijing-based SiliconFlow , an inference solution offering customers API access to hundreds of models, raised a $296 million Series B. The 2-year-old company was valued at $1.2 billion. Runpod , an AI developer cloud to train, fine-tune and deploy AI, raised a $100 million Series A led by Summit Partners . The 4-year-old New Jersey-based company valued at $1 billion has 1 million developers using the platform. Defense Allen Control Systems , a precision weapons company enabling existing weaponry to defend against unmanned drones, raised a $200 million Series B led by Smash Capital . The 4-year-old Austin-based company was valued at $2.2 billion. Mach Industries , a manufacturer of unmanned aerospace and defense systems, raised a $300 million Series C led by Infinite Capital and Ribbit Capital . The 3-year-old Huntington Beach, California-based company was valued at $1.8 billion. Twenty Technologies , a cyber intelligence company building products for the U.S. military, raised a $100 million Series B led by Accel , Caffeinated Capital and Tim Junio . The 1-year-old Arlington, Virginia-based company was valued at $1 billion. Proptech Montreal-based Nesto , a mortgage financing platform, raised a $217 million Series E round. The 8-year-old company was valued at $1.1 billion. India-based Square Yards , a property brokerage that also owns a mortgage marketplace, a property management platform, and a home interior brand raised a $95 million private equity and debt financing led by EAAA Alternatives . The 13-year-old company was valued at $1 billion. Data analytics Belgium-based Kpler , an intelligence platform for global physical trade, raised a $1 billion secondary market funding led by Sixth Street Partners . The 12-year-old company was valued at $3.7 billion. Biotechnology NewLimit , a biotech company focused on reverse cellular aging, raised a $435 million Series C led by Founders Fund . The 4-year-old San Francisco-based company with plans for clinical trials next year for human liver cells, was valued at $3.1 billion. Materials Cambridge, U.K.-based CuspAI , building a network of labs using AI for new material discovery, raised a $450 million funding led by Bezos Expeditions and Silicon Valley Ventures . The 2-year-old company was valued at $2.6 billion. Cryptocurrency Digital Asset , a blockchain and smart contract solution for global financial institutions, raised a $355 million Series F led by a16z crypto . The 12-year-old New York-based company was valued at $2 billion. Image generation Beijing-based Evok