In April, 28 companies were added to The Crunchbase Unicorn Board, with robotics startups and frontier AI labs dominating the list for the second month running. Two AI labs based in London, both founded by DeepMind researchers, secured massive funding rounds and debuted as unicorns: Ineffable Intelligence with a $5.1 billion valuation and Recursive Superintelligence valued at $4.5 billion. China’s ModelBest, specializing in on-device AI models, also joined the unicorn ranks. The robotics sector saw six companies, mostly from China and Japan, gain billion-dollar valuations thanks to innovations like simulated data for robotic intelligence and humanoid robots. Other sectors such as financial services, defense, developer tools, energy, and healthcare added a few unicorns each. Geographically, the U.S. led with 12 new unicorns, followed by China with eight, and smaller numbers from the UK, Germany, Spain, Switzerland, India, and Japan.
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