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Startups

6 new technology unicorns were cut in January 2025

techtost.comBy techtost.com21 February 202502 Mins Read
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6 New Technology Unicorns Were Cut In January 2025
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Despite the immovable capital market, the new unicorns are still created every month.

Using data from Crunchbase and Pitchbook, TechCrunch watched the new entrant that started this year (since late January). These include healthcare companies such as Hippocratic AI and satellite space companies such as Loft Orbital.

This list will be updated throughout the year, so check again and see the powerhouses that will grow this year!

January

Kikoff – $ 1 billion: This personal funding platform has recently raised an unprecedented amount that has been valued at $ 1 billion, according to the Pitchbook. The company, founded in 2019, has raised $ 42.5 million to date and counts female founders, Lightspeed Venture partners and Basketballer Steph Curry as investors.

Netradyne – $ 1.35 billion: Founded in 2015, this computer vision start increased a $ 90 million D series that rated it to $ 1.35 billion, according to Crunchbase. The round was driven by Point72 Ventures.

Hippocrates AI – $ 1.6 billion: This startup, founded in 2023, creates health care models. It set a $ 14 million B of B, assessing it at $ 1.64 billion, according to Crunchbase. The round was driven by Kleiner Perkins.

Truveta – $ 1 billion: This genetic research company increased a $ 320 million round, which estimated it to $ 1 billion, according to Crunchbase. Founded in 2020, its investors include CVCs from Microsoft and Regeneron Pharmaceuticals.

Mercor – $ 2 billion: This contract hiring increased a series of $ 100 million B to estimate it to $ 2 billion. The company, founded in 2022, counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel and Anthology Fund as investors.

LOFT ORBITAL – $ 1 billion: Founded in 2017, the satellite company increased a series of $ 170 million to estimate the company to $ 1 billion, according to Crunchbase. Investors in the round included Temasek and Tikehau Capital.

2025 concentration of funds cut January technology unicorns
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