• The third quarter of 2021 produced 127 new unicorns, according to CB Insights.
  • Most valuable among them is the crypto exchange FTX, founded by 29-year-old Sam Bankman-Fried.
  • Global venture funding broke records again in the third quarter, hitting $158.2 billion.

The hot venture capital market keeps crushing records, and in the past quarter, it was helped along by a 29-year-old crypto billionaire.https://products.gobankingrates.com/pub/84d1cf40-924a-11eb-a8c2-0e0b1012e14d

FTX, founded by Sam Bankman-Fried, was the most valuable new unicorn at $18 billion, topping the list of freshly minted unicorns in the third quarter, according to data from research firm CB Insights, which recently released its quarterly report on the state of venture capital. Altogether, global venture funding hit $158.2 billion last quarter, surpassing the second quarter’s $156.2 billion total, the research firm said.

Between July and September, 127 startups hit $1 billion or more in valuation. That total is just shy of the second quarter’s record 140, according to CB Insights.

CB Insights’ data shows that fintech, including crypto startups, continues to rule the roost among billion-dollar companies: Roughly a third of the 127 startups that hit $1 billion or more in valuation last quarter belonged to the category.

Among late-stage startups, unicorns aren’t so mythical anymore: They’re now the norm, according to the research firm. The average late-stage startup – defined by CB Insights as one that has raised Series D, growth equity, or private equity funding – now has a valuation of $1.1 billion, the research firm said.

Here’s the list of all 127 startups that became unicorns in the last quarter.

CompanyValuationIndustryCountry
FTX$18 billionFintechBahamas
Zepz$5 billionFintechUnited Kingdom
Sorare$4.3 billionE-commerce and direct-to-consumerFrance
iCapital Network$4 billionFintechUnited States
FalconX$3.75 billionFintechUnited States
Articulate$3.75 billionEdtechUnited States
Redwood Materials$3.7 billionRenewable energyUnited States
Commure$3.5 billionInternet software and servicesUnited States
Blockstream$3.2 billionFintechCanada
Eruditus Executive Education$3.2 billionEdtechIndia
PsiQuantum$3.15 billionHardwareUnited States
Nuvemshop$3.1 billionE-commerce and direct-to-consumerBrazil
Grafana Labs$3 billionInternet software and servicesUnited States
OfBusiness$3 billionE-commerce and direct-to-consumerIndia
Contentful$3 billionInternet software and servicesGermany
LaunchDarkly$3 billionInternet software and servicesUnited States
Carbon Health$3 billionHealthUnited States
DriveWealth$2.85 billionFintechUnited States
BharatPe$2.85 billionFintechIndia
Nextiva$2.7 billionInternet software and servicesUnited States
Sourcegraph$2.62 billionInternet software and servicesUnited States
ManoMano$2.6 billionE-commerce and direct-to-consumerFrance
JumpCloud$2.56 billionData management and analyticsUnited States
Varo Bank$2.5 billionFintechUnited States
Mobile Premier League$2.45 billionInternet software and servicesIndia
Ualá$2.45 billionFintechArgentina
BitSight Technologies$2.4 billionCybersecurityUnited States
Odoo$2.3 billionInternet software and servicesBelgium
Algolia$2.25 billionInternet software and servicesUnited States
Reify Health$2.2 billionHealthUnited States
Kurly$2.2 billionSupply chain, logistics, and deliverySouth Korea
Advance Intelligence Group$2 billionArtificial intelligenceSingapore
Black Sesame Technologies$2 billionArtificial intelligenceChina
Spring Health$2 billionHealthUnited States
Aviatrix$2 billionInternet software and servicesSanta Clara
Opay$2 billionFintechNigeria
Divvy Homes$2 billionFintechUnited States
XtalPi$2 billionArtificial intelligenceChina
Fireblocks$2 billionFintechUnited States
Mural$2 billionInternet software and servicesUnited States
1Password$2 billionCybersecurityCanada
CFGI$1.85 billionFintechUnited States
Opentrons$1.8 billionHardwareUnited States
FullStory$1.8 billionInternet software and servicesUnited States
Wave$1.7 billionFintechSenegal
Pleo$1.7 billionFintechDenmark
SolarisBank$1.65 billionFintechGermany
HomeLight$1.6 billionFintechUnited States
Mercury$1.6 billionFintechUnited States
Built$1.5 billionInternet software and servicesUnited States
Andela$1.5 billionInternet software and servicesUnited States
Ascend Money$1.5 billionFintechThailand
Whatnot$1.5 billionE-commerce and direct-to-consumerUnited States
Matillion$1.5 billionData management and analyticsUnited Kingdom
Persona$1.5 billionCybersecurityUnited States
1047 Games$1.5 billionInternet software and servicesUnited States
TaxBit$1.5 billionFintechUnited States
Culture Amp$1.5 billionInternet software and servicesAustralia
NotCo$1.5 billionArtificial IntelligenceChile
OpenSea$1.5 billionE-commerce and direct-to-consumerUnited States
SmartRecruiters$1.5 billionInternet software and servicesUnited States
Impact$1.5 billionInternet software and servicesUnited States
M1 Finance$1.45 billionFintechUnited States
Coda$1.4 billionInternet software and servicesUnited States
Alloy$1.35 billionFintechUnited States
At-Bay$1.35 billionFintechUnited States
Zetwerk$1.33 billionInternet software and servicesIndia
Konfio$1.3 billionFintechMexico
Betterment$1.3 billionFintechUnited States
DistroKid$1.3 billionInternet software and servicesUnited States
Carsome$1.3 billionE-commerce and direct-to-consumerMalaysia
Marshmallow$1.25 billionFintechUnited Kingdom
BlockDaemon$1.23 billionFintechUnited States
Nexii$1.23 billionConstruction techCanada
Spiber$1.22 billionBiotechJapan
Gem$1.2 billionInternet software and servicesUnited States
Copado$1.2 billionData management and analyticsSpain
Offchain Labs$1.2 billionInternet software and servicesUnited States
UpGrad$1.2 billionEdtechIndia
MindTickle$1.2 billionInternet software and servicesUnited States
FloQast$1.2 billionFintechUnited States
Prime Medicine$1.2 billionHealthUnited States
Rohlik$1.2 billionSupply chain, logistics, and deliveryCzech Republic
Rebellion Defense$1.15 billionArtificial intelligenceUnited States
Stord$1.13 billionSupply chain, logistics, and deliveryUnited States
Carousell$1.1 billionE-commerce and direct-to-consumerSingapore
Apna$1.1 billionInternet software and servicesIndia
People.ai$1.1 billionInternet software and servicesUnited States
CoinDCX$1.1 billionFintechIndia
TrialSpark$1 billionHealthUnited States,
Vedantu$1 billionEdtechIndia
Ninja Van$1 billionSupply chain, logistics, and deliverySingapore
Haydon$1 billionConsumer and retailChina
PandaDoc$1 billionInternet software and servicesUnited States
TrueLayer$1 billionFintechUnited Kingdom
Assembly$1 billionInternet software and servicesUnited States
Keenon Robotics$1 billionSupply chain, logistics, and deliveryChina
Xendit$1 billionFintechIndonesia
Agile Robots$1 billionHardwareGermany
Mammoth Biosciences$1 billionHealthUnited States
Orchard$1 billionFintechUnited States
Cider$1 billionE-commerce and direct-to-consumerHong Kong
Berlin Brands Group$1 billionE-commerce and direct-to-consumerGermany
1KMXC$1 billionHardwareChina
PicsArt$1 billionMobile and telecommunicationsUnited States
Shield AI$1 billionArtificial intelligenceUnited States
Maven Clinic$1 billionHealthUnited States
Gelato$1 billionE-commerce and direct-to-consumerNorway
Freshbooks$1 billionFintechCanada
Snorkel AI$1 billionArtificial intelligenceUnited States
Bluecore$1 billionArtificial intelligenceUnited States
Human Interest$1 billionFintechUnited States
Unico$1 billionArtificial intelligenceBrazil
Interos$1 billionFintechUnited States
BlackBuck$1 billionSupply chain, logistics, and deliveryIndia
Dunamu$1 billionFintechSouth Korea
Go1$1 billionInternet software and servicesAustralia
Carson Group$1 billionFintechUnited States
Amperity$1 billionArtificial intelligenceUnited States
Remote$1 billionFintechUnited States
Pantheon Systems$1 billionInternet software and servicesUnited States
Nium$1 billionFintechSingapore
Lunar$1 billionFintechDenmark
Xiaobing$1 billionFintechChina
MobileCoin$1 billionFintechUnited States
Kitopi$1 billionSupply chain, logistics, and deliveryUnited Arab Emirates
Bolttech$1 billionFintechSingapore

Source A 29-year-old crypto billionaire’s startup, FTX, tops the list of newly minted unicorns in the third quarter. Here are all 127 of them. (msn.com)

By block head

Block Head is a blockchain journalist.