Thirty-four companies joined The Crunchbase Unicorn Board in October, bringing the total to 1,900 private companies valued at $1 billion or more. The new cohort added more than $96 billion in combined value and $14.8 billion in total funding.
Half of October's new unicorns were less than 4 years old. Nine companies joined via seed or Series A raises. The U.S. accounted for 23 of the new entrants, while China and Korea each added three. Estonia added two companies, a record for the nation in a single month.
Leading industries for unicorn formation in October were frontier labs, agentic AI, aerospace and semiconductors.
The most valuable newcomers were electrical infrastructure company Axiom Solutions International, TypeSafe AI, and agentic AI assistant Manus AI. TypeSafe AI, a San Francisco-based AI model developer, raised an $870 million Series A at a $7.5 billion valuation, led by Andreessen Horowitz with participation from DCVC and Sequoia Capital. The 2-year-old company develops Jev, an AI model for structured decision-making that automates classification, scoring and routing tasks.
Manus AI, a Singapore-based AI assistant company, raised $500 million at a $4 billion valuation from Boyu Capital and IDG Capital. The 3-year-old company develops general-purpose AI agents for research, browser automation and software development. Meta agreed to acquire Manus in December 2025, but Chinese regulators ordered the transaction reversed.
Andreessen Horowitz led rounds across seven portfolio companies in this batch. Sequoia Capital and General Catalyst each backed four companies, while Eclipse backed three.