February 2026 has delivered one of the most striking bursts of startup success we鈥檝e seen in recent months – perhaps even years – with an unusually high number of companies crossing the coveted $1 billion valuation threshold.
From cutting鈥慹dge robotics and semiconductor innovators to climate tech, blockchain intelligence and healthcare platforms, this latest crop of unicorns highlights not just volume, but diversity across industries.
What stands out about this cohort is how quickly many of these businesses have grown, attracting major investment and scaling products that solve real鈥憌orld problems – from autonomous machinery and AI鈥慸riven compute infrastructure to Web3 compliance and predictive analytics. It鈥檚 a clear sign that investors are backing innovation across a broader spectrum of sectors than ever before, and that the next wave of tech leaders definitely isn鈥檛 confined to one vertical or geography.
So, who are the privately-owned startups and businesses that have achieved $1 billion evaluations in February this year?
27 New Unicorns in February 2026
It’s been a cracking start to 2026 for startups aspiring to achieve unicorn status, with an incredible 27 companies making the cut in February.
Spirit AI: $1.5 Billion
Beijing鈥檚 Spirit AI is a physical intelligence and humanoid robotics company focused on developing general鈥憄urpose robotic systems. The two鈥憏ear鈥憃ld startup blends advanced AI with robotics hardware to tackle real鈥憌orld tasks that traditional programmed robots struggle with.
A $290 million Series A round led by Chaos Investment and YF Capital lifted Spirit AI to unicorn status at $1.5 billion. The Chinese company’s incredibly rapid rise shows the growing appetite for versatile, adaptable robotics platforms that extend beyond industrial automation and into broader applications.
Skyryse: $1.2 Billion
Also based in Beijing, AI虏 Robotics builds intelligent robotic solutions for both industrial and service sectors. Its platform combines AI perception, planning and control stacks to automate tasks ranging from logistics to customer service roles.
The company鈥檚 rapid growth, culminating in a $145 million Series B, secured a $1.4 billion valuation and reflects surging investment in AI鈥慸riven robotics in China鈥檚 tech ecosystem. Investors see AI虏鈥檚 approach as a bridge between software intelligence and physical applications.
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Olix: $1 Billion
London鈥慴ased Olix is a photonic chip startup working on energy鈥慹fficient hardware for AI inference workloads. Photonic chips use light instead of electricity to process data, offering potential leaps in power efficiency and performance.
Though still early, Olix鈥檚 $220 million Series A round earned it a unicorn status at $1 billion. Its vision aligns with the broader semiconductor shift towards specialised processors for AI workloads.
Garner Health: $1.4 Billion
New York鈥檚 Garner Health is a healthcare platform focused on helping employers and employees find high鈥憅uality medical providers while optimising costs.
By aggregating provider data and streamlining access, it aims to reduce inefficiencies in healthcare benefits. A $118 million Series D led by Kleiner Perkins propelled Garner Health to a $1.4 billion valuation, illustrating the value of tech solutions improving health cost transparency and outcomes.
Bedrock Robotics: $1.8 Billion
San Francisco鈥慴ased Bedrock Robotics builds automation solutions for heavy construction equipment. By integrating autonomy and robotics into traditional earthmoving machinery, Bedrock aims to improve safety and efficiency on construction sites.
Founded just a year before its unicorn leap, the company鈥檚 rapid growth reflects strong investor confidence in construction tech and robotics automation. Its $270 million Series B, led by CapitalG and Valor Equity Partners, propelled Bedrock to a $1.8 billion valuation, marking a significant milestone for automation in the built environment.
Neysa: $1.4 Billion
Mumbai鈥慴ased Neysa provides cloud GPU services, enabling AI workloads and high鈥憄erformance compute in regions outside traditional Western tech hubs. Its $600 million round led by Blackstone Group gave Neysa a $1.4 billion valuation, highlighting the global expansion of infrastructure that supports the AI revolution.
ZaiNar: $1 Billion
Situated in Belmont, California, ZaiNar tackles the connectivity challenge for physical AI and robotics by transforming 5G and Wi鈥慒i signals into spatial awareness data. This underlying layer lets connected devices understand their physical surroundings, powering robotics, AR/VR and smart systems.
Backed by a Series B that brought in high鈥憄rofile investors like Steve Jurvetson and Jerry Yang, ZaiNar鈥檚 $1 billion valuation underscores how critical connectivity tech is to the future of spatial computing.
Aalyria: $1.3 Billion
Livermore, California鈥慴ased Aalyria builds space鈥慴ased communications infrastructure to support satellite and government missions. Its tech helps expand connectivity and bridge ground and space systems. A $100 million Series B led by Battery Ventures raised Aalyria鈥檚 valuation to $1.3 billion, reflecting investor confidence in space infrastructure supporting global networks.
AI虏 Robotics: $1.4 Billion
AI虏 Robotics (pronounced 鈥淎I squared Robotics鈥�) is a Beijing鈥慴ased developer of intelligent robotic systems for commercial and industrial applications. The company鈥檚 platform unifies perception, planning and motion control using advanced AI to enable autonomous operations across logistics, warehousing and service sectors.
Rather than basic automation, AI虏鈥檚 robots are designed to understand and adapt to dynamic environments, reducing manual oversight and boosting efficiency. As demand grows for smarter robotics solutions in manufacturing and logistics, its rapid scaling and investment support propelled AI虏 Robotics to unicorn status in its latest funding round.
Revel: $1 Billion
Los Angeles鈥慴ased Revel develops software that functions as a control and testing layer for aerospace, defense, robotics and industrial systems.
Rather than just building hardware, Revel focuses on the orchestration and quality assurance layer that ensures complex machines perform reliably at scale. Its $150 million Series B propelled it to a unicorn valuation of $1 billion, reflecting investor confidence in platforms that support next鈥慻en automated systems.
Goodfire: $1.3 Billion
Goodfire develops AI models designed to debug and interpret other AI systems, making them more transparent and trustworthy.
Based in San Francisco, it raised a $150 million Series B that valued the company at $1.3 billion, representing a growing niche in AI tooling that emphasises reliability and observability.
Midi Health: $1 Billion
Palo Alto鈥檚 Midi Health provides women鈥檚 telehealth services, offering accessible and specialised care through digital channels. Its emphasis on gender鈥憇pecific health coupled with scalable telemedicine tools earned it a unicorn valuation of $1 billion after a $100 million Series D led by Goodwater Capital.
Midi Health鈥檚 growth highlights fintech鈥慹nabled delivery in health tech.
Stark: $1.2 Billion
Stark is an emerging defence and aerospace technology company developing autonomous systems and strike鈥慶apable drones for modern military and security applications. Based out of a major defence hub (often associated with European or U.S. private defence innovation ecosystems), Stark鈥檚 products combine advanced autonomy, AI navigation and modular payload integrations that enhance battlefield awareness and operational flexibility.
Investors have backed the firm鈥檚 ability to modernise defence assets with cutting鈥慹dge autonomy, propelling it to a unicorn valuation – a marker of strong confidence in next鈥慻en defence tech beyond traditional suppliers
Allica Bank: $1.2 Billion
London鈥慴ased Allica Bank is a digital lender focused on small and medium鈥憇ized enterprises (SMEs), offering tailored financial products and services to help grow. With technology鈥慹nabled lending and banking solutions, Allica aims to fill gaps left by traditional high鈥憇treet banks.
After a $155 million Series D, it achieved a $1.2 billion valuation, underscoring strong investor interest in fintech models serving underserved business segments.
MatX: $1 Billion
MatX, headquartered in Mountain View, California, develops specialised chips for AI training workloads. These processors are built to handle the intense compute needs of machine learning model training.
After a whopping $500 million Series B led by Jane Street Capital and Situational Awareness, MatX achieved a $1 billion valuation. Its focus on next鈥慻eneration AI silicon reflects the booming interest in hardware design tailored to advanced AI.
Profound: $1 Billion
Profound is a New York鈥慴ased brand marketing platform that optimises content for AIata and discovery. By helping brands improve visibility and engagement in AI鈥慳ugmented environments, it plays into the shift toward model鈥慺irst content strategies. A $96 million Series C led by Lightspeed Venture Partners gave Profound a $1 billion valuation, highlighting the intersection of marketing and AI.
Render: $1.5 Billlion
San Francisco鈥檚 Render is a cloud services company that supports application development teams with scalable infrastructure tools. By focusing on developer experience and flexibility, it attracts teams building modern applications.
A $100 million Series C led by Georgian Capital valued Render at $1.5 billion, underlining the demand for cloud platforms that simplify build and deployment workflows.
Fundamental: $1.4 Billion
San Francisco鈥檚 Fundamental offers tools to analyse large databases through AI models, helping enterprises extract actionable insights from complex datasets.
Its partnership with Amazon Web Services expands its footprint, and a $225 million Series A earned it a $1.4 billion valuation, reflecting the surge in demand for AI鈥慳ugmented data platforms.
Whop: $1.6 Billion
Whop is a Brooklyn鈥慴ased e鈥慶ommerce marketplace that allows creators to sell digital products and subscriptions directly to their audiences. Its highly customisable storefronts and community鈥慶entric features have made it popular with digital creators and solopreneurs. A $200 million funding round led by Tether Ventures pushed Whop to a unicorn valuation of $1.6 billion, illustrating the economy鈥檚 appetite for better monetisation tools.
Forecasting: $1 Billion
Forecasting is a data and climate tech startup focused on weather intelligence, predictive modelling and risk analytics for enterprise clients. The company leverages machine learning and high鈥憆esolution environmental data to help sectors like aviation, logistics, energy and insurance anticipate weather鈥慸riven disruptions and optimise operational planning.
Its solutions turn complex climate data into actionable insights, reducing uncertainty for high鈥憇takes infrastructure decisions. With climate risk top of mind for corporates globally, Forecasting鈥檚 ability to blend data science with strategic risk mitigation earned it a unicorn valuation in its most recent funding round.
Galaxea AI: $1.4 Billion
Galaxea AI, another Chinese robotics entrant, focuses on humanoid robotics – that is, machines designed to work and assist in human environments. Founded roughly two years ago, Galaxea combines advanced AI models with mechanical design to build robots capable of interacting safely in shared spaces.
With a $145 million Series B round, led by Jinding Capital, the company hit a $1.4 billion valuation early this year. The company鈥檚 success underscores the rising interest in robots that look beyond traditional industrial tasks.
Tomorrow.io
Tomorrow.io is a Boston鈥慴ased startup that operates an AI鈥憂ative weather satellite station, offering high鈥憆esolution forecasting and climate insights to customers across sectors like aviation, logistics and insurance.
Its data helps organisations plan around extreme weather and optimise operations. A $175 million Series F led to a $1 billion valuation, illustrating the premium on proprietary data and predictive insights in climate tech.
Nio GeniTech: $1.5 Billion
China鈥檚 Nio GeniTech is a chip developer spun out of electric vehicle maker Nio, focusing on semiconductors for advanced autonomous driving systems. With a strong tie to automotive innovation and EV hardware, it鈥檚 positioning itself to meet the rising demand for purpose鈥慴uilt chips in smart vehicles.
A $330 million Series A led by IDG Capital and Nio Capital valued the startup at $1.5 billion, marking a significant leap in auto鈥憈ech and edge compute hardware.
Positron: $1 Billion
Based in Reno, Nevada, Positron designs memory chips crucial for high鈥憄erformance AI systems. As AI computing demands intensify, memory architecture and capacity have become critical bottlenecks.
Positron鈥檚 memory solutions target this challenge, and its $230 million Series B secured a unicorn valuation of $1 billion. Its rise highlights investor focus on the expanding AI hardware stack beyond just compute.
Basis: $1.2 Billion
New York鈥檚 Basis builds an agentic platform for accountants and finance professionals, using automation and machine learning to streamline operations.
By removing repetitive tasks and enabling firms to focus on high鈥憊alue work, Basis has become highly valuable in the professional services space. In its Series B, backed by Accel and Google Ventures, the company was valued at $1.2 billion, reflecting the tech鈥慸riven transformation of accounting workflows.
TRM Labs: $1 Billion
TRM Labs is a San Francisco鈥慴ased blockchain intelligence platform that helps businesses and governments monitor, investigate and manage cryptocurrency risk. Its suite of tools combines data analysis, transaction tracing and threat detection to uncover fraud, money laundering and illicit activity across digital asset networks.
With crypto and Web3 adoption surging, TRM Labs has become essential for financial institutions, exchanges and regulators seeking to secure digital value flows. A strong funding round led to its unicorn valuation, underscoring growing demand for compliant and transparent blockchain analytics.
Code Metal: $1.3 Billion
Boston鈥慴ased Code Metal tackles longstanding challenges in software modernisation by translating legacy code into modern languages, helping enterprises extend the life of critical systems.
Its tooling reduces risk and cost for modernisation projects. A $125 million Series B led by Salesforce Ventures valued the company at $1.3 billion, highlighting demand for tools that reduce technical debt in large codebases.
Solace: $1 Billion
Solace, headquartered in Redwood City, California, is a platform aimed at helping Medicare customers navigate healthcare advocacy and services.
Simplifying complex care journeys, the company enhances patient experience and care coordination. A $130 million Series C led by IVP pushed Solace to a $1 billion valuation, a sign of rising investor interest in platforms that streamline healthcare navigation and benefits.
