Article

In August, the Crunchbase Unicorn Board achieved a significant milestone, surpassing a total valuation of $6 trillion for the first time. However, only four companies joined the board last month, reflecting a slowdown in venture funding.

Notable new unicorns include Decart, Field AI, and Kriya Therapeutics, which collectively raised substantial funding. Despite the slow pace, the board's value increased significantly year-to-date, fueled largely by existing companies rather than newcomers. Recent funding rounds in September have further boosted the board's valuation to $6.2 trillion.