27 Unicorns Announced In February 2026

February 2026 has delivered one of the most striking bursts of startup success we’ve seen in recent months – perhaps even years – with an unusually high number of companies crossing the coveted $1 billion valuation threshold.

From cutting‑edge robotics and semiconductor innovators to climate tech, blockchain intelligence and healthcare platforms, this 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‑world problems – from autonomous machinery and AI‑driven compute infrastructure to Web3 compliance and predictive analytics. It’s 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’t 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?

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.

Beijing’s Spirit AI is a physical intelligence and humanoid robotics company focused on developing general‑purpose robotic systems. The two‑year‑old startup blends advanced AI with robotics hardware to tackle real‑world 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.

Also based in Beijing, AI² 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’s rapid growth, culminating in a $145 million Series B, secured a $1.4 billion valuation and reflects surging investment in AI‑driven robotics in China’s tech ecosystem. Investors see AI²’s approach as a bridge between software intelligence and physical applications.

London‑based Olix is a photonic chip startup working on energy‑efficient 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’s $220 million Series A round earned it a , the company’s 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.

Mumbai‑based Neysa provides cloud GPU services, enabling AI workloads and high‑performance 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.

Situated in Belmont, California, ZaiNar tackles the connectivity challenge for physical AI and robotics by transforming 5G and Wi‑Fi 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‑profile investors like Steve Jurvetson and Jerry Yang, ZaiNar’s $1 billion valuation underscores how critical connectivity tech is to the future of spatial computing.

Livermore, California‑based Aalyria builds space‑based 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’s valuation to $1.3 billion, reflecting investor confidence in space infrastructure supporting global networks.

AI² Robotics (pronounced “AI squared Robotics”) is a Beijing‑based developer of intelligent robotic systems for commercial and industrial applications. The company’s platform unifies perception, planning and motion control using advanced AI to enable autonomous operations across logistics, warehousing and service sectors.

Rather than basic automation, AI²’s 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 AI² Robotics to unicorn status in its latest funding round.

Los Angeles‑based 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‑gen automated systems.

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.

Palo Alto’s Midi Health provides women’s telehealth services, offering accessible and specialised care through digital channels. Its emphasis on gender‑specific 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’s growth highlights fintech‑enabled delivery in health tech.

Stark is an emerging defence and aerospace technology company developing autonomous systems and strike‑capable 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’s products combine advanced autonomy, AI navigation and modular payload integrations that enhance battlefield awareness and operational flexibility.

Investors have backed the firm’s ability to modernise defence assets with cutting‑edge autonomy, propelling it to a unicorn valuation – a marker of strong confidence in next‑gen defence tech beyond traditional suppliers

London‑based Allica Bank is a digital lender focused on small and medium‑sized enterprises (SMEs), offering tailored financial products and services to help grow. With technology‑enabled lending and banking solutions, Allica aims to fill gaps left by traditional high‑street 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, 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‑generation AI silicon reflects the booming interest in hardware design tailored to advanced AI.

Profound is a New York‑based brand marketing platform that optimises content for AIata and discovery. By helping brands improve visibility and engagement in AI‑augmented environments, it plays into the shift toward model‑first 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.

San Francisco’s 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.

San Francisco’s 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‑augmented data platforms.

Whop is a Brooklyn‑based e‑commerce marketplace that allows creators to sell digital products and subscriptions directly to their audiences. Its highly customisable storefronts and community‑centric 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’s appetite for better monetisation tools.

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‑resolution environmental data to help sectors like aviation, logistics, energy and insurance anticipate weather‑driven disruptions and optimise operational planning.

Its solutions turn complex climate data into actionable insights, reducing uncertainty for high‑stakes infrastructure decisions. With climate risk top of mind for corporates globally, Forecasting’s ability to blend data science with strategic risk mitigation earned it a unicorn valuation in its most recent funding round.

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’s success underscores the rising interest in robots that look beyond traditional industrial tasks.

Tomorrow.io is a Boston‑based startup that operates an AI‑native weather satellite station, offering high‑resolution 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.

led to its unicorn valuation, underscoring growing demand for compliant and transparent blockchain analytics.

Boston‑based 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, 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.

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Based on reporting by techround.co.uk.