To PitchBook, a unicorn is a venture-backed firm with a present post-money valuation of $1 billion or above. PitchBook’s unicorn tracker consists of all qualifying firms from 2016 onward.
In response to PitchBook, 606 new unicorns have been fashioned in 2021 alone at a valuation of $1.5 trillion.
As of June 2023, North America has produced 883 unicorns since 2016, the best of all areas, with a complete valuation of $3 trillion. Asia ranks second with 529 unicorns, whereas Europe follows with 203.
The knowledge expertise trade has had the best variety of unicorns (795) since 2016, with a complete valuation of $3 trillion.
Per PitchBook, the mixed valuation of all Europe-based unicorns is €471.2 billion (roughly $507.3 billion) as of June 2023, a slight 0.3% decline from final 12 months’s whole of €472.7 billion.
Crunchbase regularly updates its Unicorn Board with new entrants and exits. In response to Crunchbase, as of July 2023 ByteDance, the China-based proprietor of TikTok, has the highest unicorn valuation globally ($220 billion), adopted by Ant Group ($150 billion) and SpaceX ($125 billion).