{
  "name": "Biggest AI companies: most valuable private AI companies by latest valuation",
  "description": "The biggest AI companies ranked: 45 private AI firms by latest funding valuation, each dated and sourced, plus the largest public AI companies by market cap.",
  "url": "https://agitracker.io/data/biggest-ai-companies/",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "publisher": "agitracker.io",
  "updated": "2026-10-29",
  "columns": [
    {
      "key": "rank",
      "label": "Rank",
      "type": "number"
    },
    {
      "key": "company",
      "label": "Company"
    },
    {
      "key": "category",
      "label": "Category"
    },
    {
      "key": "country",
      "label": "HQ country"
    },
    {
      "key": "founded",
      "label": "Founded",
      "type": "number"
    },
    {
      "key": "valuation",
      "label": "Valuation ($B)",
      "type": "number",
      "note": "USD billions, latest reported valuation"
    },
    {
      "key": "basis",
      "label": "Valuation basis",
      "note": "Priced round, tender, strategic investment, merger, or reported talks"
    },
    {
      "key": "round",
      "label": "Round"
    },
    {
      "key": "date",
      "label": "Date",
      "type": "date",
      "note": "Announcement or report date"
    },
    {
      "key": "investors",
      "label": "Lead investors"
    },
    {
      "key": "note",
      "label": "Note"
    }
  ],
  "rows": [
    {
      "rank": 1,
      "company": "Anthropic",
      "category": "AI lab",
      "country": "United States",
      "founded": 2021,
      "valuation": 965,
      "basis": "Priced round, post-money",
      "round": "Series H, $65B",
      "date": "2026-05-28",
      "investors": "Altimeter, Dragoneer, Greenoaks, Sequoia",
      "note": null,
      "source": {
        "title": "Anthropic: Series H announcement",
        "url": "https://www.anthropic.com/news/series-h"
      }
    },
    {
      "rank": 2,
      "company": "OpenAI",
      "category": "AI lab",
      "country": "United States",
      "founded": 2015,
      "valuation": 852,
      "basis": "Priced round, post-money",
      "round": "$122B round",
      "date": "2026-03-31",
      "investors": "SoftBank, a16z, D. E. Shaw Ventures",
      "note": "CNBC reported on Oct 22, 2026 that OpenAI was near a round of up to $30B at a $1.25T pre-money valuation (not closed)",
      "source": {
        "title": "The Next Web: OpenAI's $122B round at $852B",
        "url": "https://thenextweb.com/news/openai-122-billion-round-852-billion-valuation-retail-investors"
      }
    },
    {
      "rank": 3,
      "company": "Databricks",
      "category": "Data and AI platform",
      "country": "United States",
      "founded": 2013,
      "valuation": 190,
      "basis": "Priced round",
      "round": "$5B round",
      "date": "2026-08-13",
      "investors": "Coatue",
      "note": null,
      "source": {
        "title": "CNBC: Databricks wraps $5B round at $190B",
        "url": "https://www.cnbc.com/2026/08/13/databricks-funding-round-190-billion-valuation.html"
      }
    },
    {
      "rank": 4,
      "company": "Anduril",
      "category": "Defense technology and AI",
      "country": "United States",
      "founded": 2017,
      "valuation": 61,
      "basis": "Priced round",
      "round": "Series H, $5B",
      "date": "2026-05",
      "investors": "Thrive Capital, a16z",
      "note": "Employee tender opened Oct 13, 2026 at about $90B, which Anduril confirmed to CNBC",
      "source": {
        "title": "The Next Web: Anduril employee tender at $90bn",
        "url": "https://thenextweb.com/news/anduril-employee-tender-offer-90bn-valuation"
      }
    },
    {
      "rank": 5,
      "company": "DeepSeek",
      "category": "AI lab",
      "country": "China",
      "founded": 2023,
      "valuation": 52,
      "basis": "Priced round, post-money (more than CNY 350B)",
      "round": "First external round, about CNY 50B ($7.4B)",
      "date": "2026-07",
      "investors": "Tencent, CATL, NetEase, JD.com; founder Liang Wenfeng",
      "note": "Terms surfaced in a July 17, 2026 regulatory disclosure by Anhui Korrun",
      "source": {
        "title": "Caixin Global: DeepSeek reaches $52 billion valuation",
        "url": "https://www.caixinglobal.com/2026-07-17/deepseek-reaches-52-billion-valuation-in-round-backed-by-tencent-catl-102465358.html"
      }
    },
    {
      "rank": 6,
      "company": "Moonshot AI",
      "category": "AI lab",
      "country": "China",
      "founded": 2023,
      "valuation": 50,
      "basis": "Priced round (reported by Bloomberg)",
      "round": "Final private round before IPO",
      "date": "2026-10-06",
      "investors": "China's National AI Industry Investment Fund (named backer)",
      "note": "Not confirmed by the company; Hong Kong IPO filed confidentially",
      "source": {
        "title": "Silicon Republic (citing Bloomberg): Moonshot closes round at $50bn",
        "url": "https://siliconrepublic.com/start-ups/bloomberg-moonshot-closes-round-at-50bn-valuation-before-2027-ipo"
      }
    },
    {
      "rank": 7,
      "company": "Discovery Loop",
      "category": "AI research lab",
      "country": "United States",
      "founded": 2026,
      "valuation": 50,
      "basis": "Reported talks (no priced valuation disclosed)",
      "round": "Seeking new funding",
      "date": "2026-09-11",
      "investors": "Initial round co-led by Radical Ventures and Khosla Ventures",
      "note": "Business Insider earlier reported talks at about $10B; no closed round disclosed",
      "source": {
        "title": "Reuters via WHBL: Discovery Loop seeks around $50 billion valuation",
        "url": "https://whbl.com/2026/09/11/ai-startup-discovery-loop-seeks-around-50-billion-valuation-business-insider-reports/"
      }
    },
    {
      "rank": 8,
      "company": "Cognition",
      "category": "AI coding agents",
      "country": "United States",
      "founded": 2023,
      "valuation": 48,
      "basis": "Priced round",
      "round": "$2B round",
      "date": "2026-09-08",
      "investors": "a16z, Accel, Founders Fund, General Catalyst, Avenir",
      "note": null,
      "source": {
        "title": "TechCrunch: Cognition hits $48B valuation",
        "url": "https://techcrunch.com/2026/09/08/cognition-hits-48b-valuation-signaling-investors-believe-ai-coding-is-far-from-a-winner-take-all-market/"
      }
    },
    {
      "rank": 9,
      "company": "Prometheus",
      "category": "AI for engineering and manufacturing",
      "country": "United States",
      "founded": null,
      "valuation": 41,
      "basis": "Priced round (roughly $41B)",
      "round": "Series B, $12B",
      "date": "2026-06-11",
      "investors": "JPMorgan, BlackRock, Goldman Sachs, DST Global, Arch Venture Partners (per Axios)",
      "note": "Co-led by Jeff Bezos and Vik Bajaj",
      "source": {
        "title": "GeekWire: Prometheus raises $12B at $41B valuation",
        "url": "https://www.geekwire.com/2026/bezos-ai-startup-prometheus-raises-12b-at-41b-valuation/"
      }
    },
    {
      "rank": 10,
      "company": "Figure",
      "category": "Humanoid robotics",
      "country": "United States",
      "founded": 2022,
      "valuation": 39,
      "basis": "Priced round, post-money",
      "round": "Series C, more than $1B",
      "date": "2025-09-16",
      "investors": null,
      "note": null,
      "source": {
        "title": "Figure: Series C at $39B post-money",
        "url": "https://www.figure.ai/news/series-c"
      }
    },
    {
      "rank": 11,
      "company": "Safe Superintelligence (SSI)",
      "category": "AI lab",
      "country": "United States",
      "founded": 2024,
      "valuation": 32,
      "basis": "Priced round (reported by the FT)",
      "round": "About $2B round",
      "date": "2025-04",
      "investors": "Greenoaks",
      "note": "Nvidia made a strategic investment in July 2026; no valuation was disclosed",
      "source": {
        "title": "TechCrunch: SSI reportedly valued at $32B",
        "url": "https://techcrunch.com/2025/04/12/openai-co-founder-ilya-sutskevers-safe-superintelligence-reportedly-valued-at-32b"
      }
    },
    {
      "rank": 12,
      "company": "Crusoe",
      "category": "AI data centers and cloud",
      "country": "United States",
      "founded": 2018,
      "valuation": 30.9,
      "basis": "Priced round, post-money",
      "round": "Series F, $3.9B (initial close)",
      "date": "2026-09-17",
      "investors": "Atreides, Mubadala Capital, Valor Equity Partners",
      "note": null,
      "source": {
        "title": "GlobeNewswire via Markets Insider: Crusoe raises $3.9B Series F",
        "url": "https://markets.businessinsider.com/news/stocks/crusoe-raises-3-9-billion-series-f-for-its-vertically-integrated-ai-infrastructure-platform-1036554667"
      }
    },
    {
      "rank": 13,
      "company": "VAST Data",
      "category": "AI data infrastructure",
      "country": "United States",
      "founded": 2016,
      "valuation": 30,
      "basis": "Priced round",
      "round": "Series F",
      "date": "2026-04-22",
      "investors": "Drive Capital, Access Industries",
      "note": null,
      "source": {
        "title": "VAST Data: Series F at $30 billion valuation",
        "url": "https://www.vastdata.com/press-releases/vast-series-f-financing-at-30-billion-valuation"
      }
    },
    {
      "rank": 14,
      "company": "Scale AI",
      "category": "AI training data",
      "country": "United States",
      "founded": 2016,
      "valuation": 29,
      "basis": "Strategic investment",
      "round": "Meta investment (reported $14.3B for 49%)",
      "date": "2025-06-13",
      "investors": "Meta",
      "note": null,
      "source": {
        "title": "TechCrunch: Scale AI confirms Meta investment",
        "url": "https://techcrunch.com/2025/06/13/scale-ai-confirms-significant-investment-from-meta-says-ceo-alexandr-wang-is-leaving/"
      }
    },
    {
      "rank": 15,
      "company": "Reflection AI",
      "category": "AI lab (open models)",
      "country": "United States",
      "founded": 2024,
      "valuation": 25,
      "basis": "Reported round, confirmed by CEO",
      "round": "Raise first reported by WSJ in March 2026",
      "date": "2026-04-23",
      "investors": "Nvidia (existing backer)",
      "note": null,
      "source": {
        "title": "Reuters via TradingView: Reflection AI CEO confirms raising at $25 billion",
        "url": "https://www.tradingview.com/news/reuters.com,2026:newsml_FWN4160Z3:0-nvidia-backed-reflection-ai-s-ceo-confirms-reports-of-raising-money-at-25-billion-valuation-cnbc-interview/"
      }
    },
    {
      "rank": 16,
      "company": "Mistral AI",
      "category": "AI lab",
      "country": "France",
      "founded": 2023,
      "valuation": 24.39,
      "basis": "Priced round, post-money (more than EUR 21B)",
      "round": "Series D, EUR 3B",
      "date": "2026-09-08",
      "investors": "Samsung Electronics",
      "note": "Mistral calls it the largest equity round by a European tech company",
      "source": {
        "title": "TechCrunch: Mistral raises EUR 3B",
        "url": "https://techcrunch.com/2026/09/08/mistral-raises-e3b-as-sovereign-ai-becomes-big-business/"
      }
    },
    {
      "rank": 17,
      "company": "ElevenLabs",
      "category": "Voice AI",
      "country": "United States",
      "founded": 2022,
      "valuation": 22,
      "basis": "Tender offer",
      "round": "$300M employee tender",
      "date": "2026-09-30",
      "investors": "Wellington, T. Rowe Price",
      "note": null,
      "source": {
        "title": "ElevenLabs: $22bn valuation after employee tender",
        "url": "https://elevenlabs.io/blog/tender-22bn"
      }
    },
    {
      "rank": 18,
      "company": "Etched",
      "category": "AI chips",
      "country": "United States",
      "founded": 2022,
      "valuation": 21,
      "basis": "Priced round",
      "round": "$700M round",
      "date": "2026-08-18",
      "investors": "Jane Street",
      "note": "Valued at $10.3B in July 2026",
      "source": {
        "title": "TechCrunch: Etched's valuation doubles to $21B",
        "url": "https://techcrunch.com/2026/08/18/etcheds-valuation-doubles-to-21b-in-a-month/"
      }
    },
    {
      "rank": 19,
      "company": "Cohere",
      "category": "Enterprise AI models",
      "country": "Canada",
      "founded": 2019,
      "valuation": 20,
      "basis": "Merger valuation (reported)",
      "round": "Combination with Aleph Alpha",
      "date": "2026-09-16",
      "investors": "Schwarz Group (EUR 500M investment)",
      "note": "Last priced round before the merger valued Cohere at about $7B (Sept 2025)",
      "source": {
        "title": "Reuters: Cohere, Aleph Alpha combine",
        "url": "https://www.reuters.com/legal/transactional/cohere-aleph-alpha-combine-target-enterprise-ai-market-2026-09-16/"
      }
    },
    {
      "rank": 20,
      "company": "Perplexity",
      "category": "AI search",
      "country": "United States",
      "founded": 2022,
      "valuation": 20,
      "basis": "Priced round (reported by The Information)",
      "round": "$200M round",
      "date": "2025-09-10",
      "investors": null,
      "note": null,
      "source": {
        "title": "TechCrunch: Perplexity reportedly raised $200M at $20B",
        "url": "https://techcrunch.com/2025/09/10/perplexity-reportedly-raised-200m-at-20b-valuation/"
      }
    },
    {
      "rank": 21,
      "company": "Helsing",
      "category": "Defense AI",
      "country": "Germany",
      "founded": 2021,
      "valuation": 18,
      "basis": "Priced round",
      "round": "Series E, $1.8B",
      "date": "2026-07-13",
      "investors": "Dragoneer, Lightspeed, Goldman Sachs Alternatives and others",
      "note": null,
      "source": {
        "title": "Helsing: raises US$1.8bn in Series E",
        "url": "https://helsing.ai/newsroom/helsing-raises-1-8bn-in-series-e"
      }
    },
    {
      "rank": 22,
      "company": "Fireworks AI",
      "category": "AI inference",
      "country": "United States",
      "founded": 2022,
      "valuation": 17.5,
      "basis": "Priced round",
      "round": "Series D, $1.5B",
      "date": "2026-07-15",
      "investors": "Atreides, Index Ventures, TCV",
      "note": "Business Insider reported on Oct 20, 2026 early talks at $30B to $40B",
      "source": {
        "title": "Fireworks AI: Series D announcement",
        "url": "https://fireworks.ai/blog/series-d-announcement"
      }
    },
    {
      "rank": 23,
      "company": "Sierra",
      "category": "AI customer-service agents",
      "country": "United States",
      "founded": 2023,
      "valuation": 15.8,
      "basis": "Priced round, post-money",
      "round": "Series E, $950M",
      "date": "2026-05-04",
      "investors": "Tiger Global, GV",
      "note": null,
      "source": {
        "title": "CNBC: Sierra raises nearly $1B",
        "url": "https://www.cnbc.com/2026/05/04/bret-taylor-sierra-fundraise-openai.html"
      }
    },
    {
      "rank": 24,
      "company": "Harvey",
      "category": "Legal AI",
      "country": "United States",
      "founded": 2022,
      "valuation": 15.5,
      "basis": "Priced round",
      "round": "$550M round",
      "date": "2026-09-09",
      "investors": "Diffusion, Lightspeed",
      "note": null,
      "source": {
        "title": "Harvey: raises $550M at $15.5B",
        "url": "https://www.harvey.ai/blog/harvey-raises-dollar550m-at-a-dollar155b-valuation-to-help-legal-teams-own-their-intelligence"
      }
    },
    {
      "rank": 25,
      "company": "OpenEvidence",
      "category": "Medical AI",
      "country": "United States",
      "founded": null,
      "valuation": 15,
      "basis": "Priced round (confirmed by CEO)",
      "round": "$250M round",
      "date": "2026-09-30",
      "investors": null,
      "note": "Valued at $12B in January 2026",
      "source": {
        "title": "Forbes: OpenEvidence confirms $250M at $15B",
        "url": "https://www.forbes.com/sites/saibala/2026/09/30/openevidence-confirms-it-has-raised-an-additional-250-million-at-a-15-billion-valuation/"
      }
    },
    {
      "rank": 26,
      "company": "Applied Intuition",
      "category": "Vehicle and defense AI software",
      "country": "United States",
      "founded": 2017,
      "valuation": 15,
      "basis": "Priced round and tender",
      "round": "Series F, $600M",
      "date": "2025-06-17",
      "investors": "BlackRock, Kleiner Perkins",
      "note": "The Information reported in Oct 2026 that it was fielding offers at $30B",
      "source": {
        "title": "Applied Intuition: Series F at $15B",
        "url": "https://www.appliedintuition.com/press-releases/series-f"
      }
    },
    {
      "rank": 27,
      "company": "Nscale",
      "category": "AI data centers and cloud",
      "country": "United Kingdom",
      "founded": 2024,
      "valuation": 14.6,
      "basis": "Priced round",
      "round": "Series C, $2B",
      "date": "2026-03-09",
      "investors": "Aker ASA, 8090 Industries",
      "note": null,
      "source": {
        "title": "Nscale: $2 billion Series C",
        "url": "https://www.nscale.com/press-releases/nscale-series-c"
      }
    },
    {
      "rank": 28,
      "company": "Skild AI",
      "category": "Robot foundation models",
      "country": "United States",
      "founded": 2023,
      "valuation": 14,
      "basis": "Priced round (reported by Bloomberg, more than $14B)",
      "round": "Series C, $1.4B",
      "date": "2026-01-14",
      "investors": "SoftBank",
      "note": null,
      "source": {
        "title": "TechCrunch: Skild AI hits $14B valuation",
        "url": "https://techcrunch.com/2026/01/14/robotic-software-maker-skild-ai-hits-14b-valuation/"
      }
    },
    {
      "rank": 29,
      "company": "Lovable",
      "category": "AI app builder",
      "country": "Sweden",
      "founded": 2023,
      "valuation": 13.3,
      "basis": "Priced round",
      "round": "$400M round",
      "date": "2026-08-12",
      "investors": "Menlo Ventures, Scaleup Europe Fund",
      "note": null,
      "source": {
        "title": "Business Insider: Lovable doubles valuation to $13.3B",
        "url": "https://www.businessinsider.com/lovable-funding-valuation-doubles-13-3-billion-vibe-coding-2026-8"
      }
    },
    {
      "rank": 30,
      "company": "Baseten",
      "category": "AI inference",
      "country": "United States",
      "founded": 2019,
      "valuation": 13,
      "basis": "Priced round",
      "round": "Series F, $1.5B",
      "date": "2026-06-22",
      "investors": "Altimeter, Conviction, Spark Capital",
      "note": null,
      "source": {
        "title": "Baseten: Series F announcement",
        "url": "https://baseten.co/blog/announcing-our-series-f/"
      }
    },
    {
      "rank": 31,
      "company": "Shield AI",
      "category": "Defense AI",
      "country": "United States",
      "founded": 2015,
      "valuation": 12.7,
      "basis": "Priced round, post-money",
      "round": "Series G, $1.5B",
      "date": "2026-03-26",
      "investors": null,
      "note": "The Information reported in Sept 2026 talks at $20B or more",
      "source": {
        "title": "Shield AI: raise $2B at $12.7B valuation",
        "url": "https://shield.ai/shield-ai-to-acquire-software-simulation-company-aechelon-and-raise-2b-at-12-7b-valuation/"
      }
    },
    {
      "rank": 32,
      "company": "Thinking Machines Lab",
      "category": "AI lab",
      "country": "United States",
      "founded": 2025,
      "valuation": 12,
      "basis": "Priced round",
      "round": "Seed, about $2B",
      "date": "2025-07-15",
      "investors": "a16z",
      "note": "The Information reported in Sept 2026 talks at about $40B; no close reported",
      "source": {
        "title": "Reuters via Yahoo Finance: Thinking Machines valued at $12 billion",
        "url": "https://finance.yahoo.com/news/mira-muratis-ai-startup-thinking-170344492.html"
      }
    },
    {
      "rank": 33,
      "company": "Poolside",
      "category": "AI coding models",
      "country": "France",
      "founded": 2023,
      "valuation": 12,
      "basis": "Strategic investment, pre-money (reported)",
      "round": "Nvidia $1B investment",
      "date": "2026-08-20",
      "investors": "Nvidia",
      "note": "Paired with a $6B Nvidia licensing deal",
      "source": {
        "title": "Newcomer: Poolside strikes $6B Nvidia deal, raises $1B at $12B",
        "url": "https://www.newcomer.co/p/sources-poolside-strikes-6-billion"
      }
    },
    {
      "rank": 34,
      "company": "Physical Intelligence",
      "category": "Robot foundation models",
      "country": "United States",
      "founded": 2024,
      "valuation": 11.5,
      "basis": "Priced round (reported by Bloomberg)",
      "round": "2026 round",
      "date": "2026",
      "investors": null,
      "note": "Bloomberg reported on Oct 27, 2026 talks at about $20B",
      "source": {
        "title": "The Next Web: Physical Intelligence in talks at $20bn",
        "url": "https://thenextweb.com/news/physical-intelligence-20bn-valuation-talks-bloomberg"
      }
    },
    {
      "rank": 35,
      "company": "SambaNova",
      "category": "AI chips",
      "country": "United States",
      "founded": 2017,
      "valuation": 11,
      "basis": "Priced round (first close)",
      "round": "Series F, $1B first close",
      "date": "2026-07-08",
      "investors": "General Atlantic",
      "note": null,
      "source": {
        "title": "SambaNova: first close of $1B at $11B",
        "url": "https://sambanova.ai/press/sambanova-completes-first-close-of-1b-financing-at-11b-valuation"
      }
    },
    {
      "rank": 36,
      "company": "Mercor",
      "category": "AI training data",
      "country": "United States",
      "founded": 2023,
      "valuation": 10,
      "basis": "Priced round",
      "round": "Series C, $350M",
      "date": "2025-10-27",
      "investors": "Felicis",
      "note": "Reported in July 2026 to be in talks at $20B",
      "source": {
        "title": "TechCrunch: Mercor valued at $10B",
        "url": "https://techcrunch.com/2025/10/27/mercor-quintuples-valuation-to-10b-with-350m-series-c/"
      }
    },
    {
      "rank": 37,
      "company": "Replit",
      "category": "AI coding",
      "country": "United States",
      "founded": 2016,
      "valuation": 9,
      "basis": "Priced round",
      "round": "Series D, $400M",
      "date": "2026-03-11",
      "investors": "Georgian",
      "note": null,
      "source": {
        "title": "TechCrunch: Replit snags $9B valuation",
        "url": "https://techcrunch.com/2026/03/11/replit-snags-9b-valuation-6-months-after-hitting-3b/"
      }
    },
    {
      "rank": 38,
      "company": "Wayve",
      "category": "Autonomous driving AI",
      "country": "United Kingdom",
      "founded": 2017,
      "valuation": 8.6,
      "basis": "Priced round",
      "round": "Series D, $1.2B",
      "date": "2026-02-24",
      "investors": "Eclipse, Balderton, SoftBank Vision Fund 2",
      "note": "Wayve's own release gives $1.5B raised",
      "source": {
        "title": "CNBC: Wayve hits $8.6 billion valuation",
        "url": "https://www.cnbc.com/2026/02/24/wayve-fundraise-nvidia-microsoft.html"
      }
    },
    {
      "rank": 39,
      "company": "Together AI",
      "category": "AI cloud",
      "country": "United States",
      "founded": 2022,
      "valuation": 8.3,
      "basis": "Priced round, post-money",
      "round": "Series C, $800M",
      "date": "2026-07",
      "investors": "Aramco Ventures",
      "note": null,
      "source": {
        "title": "Business Wire: Together AI raises $800M at $8.3B",
        "url": "https://www.businesswire.com/news/home/20260701243402/en/Together-AI-Raises-$800-Million-at-$8.3-Billion-Valuation-to-Make-Frontier-AI-Accessible-to-All"
      }
    },
    {
      "rank": 40,
      "company": "Glean",
      "category": "Enterprise AI search",
      "country": "United States",
      "founded": 2019,
      "valuation": 7.2,
      "basis": "Priced round",
      "round": "Series F, $150M",
      "date": "2025-06-10",
      "investors": "Wellington Management",
      "note": null,
      "source": {
        "title": "TechCrunch: Glean lands a $7.2B valuation",
        "url": "https://techcrunch.com/2025/06/10/enterprise-ai-startup-glean-lands-a-7-2b-valuation/"
      }
    },
    {
      "rank": 41,
      "company": "Neura Robotics",
      "category": "Cognitive robotics",
      "country": "Germany",
      "founded": 2019,
      "valuation": 7,
      "basis": "Priced round (approximate, reported by Bloomberg)",
      "round": "Series C, up to $1.4B",
      "date": "2026-06-10",
      "investors": null,
      "note": null,
      "source": {
        "title": "The Next Web: Neura Robotics raises up to $1.4B",
        "url": "https://thenextweb.com/news/neura-robotics-1-4b-series-c-physical-ai"
      }
    },
    {
      "rank": 42,
      "company": "Suno",
      "category": "AI music",
      "country": "United States",
      "founded": 2022,
      "valuation": 5.4,
      "basis": "Priced round",
      "round": "Series D, $400M",
      "date": "2026-06-03",
      "investors": null,
      "note": null,
      "source": {
        "title": "TechCrunch: Suno raises another $400M",
        "url": "https://techcrunch.com/2026/06/03/still-facing-copyright-lawsuits-ai-music-generator-suno-raises-another-400m/"
      }
    },
    {
      "rank": 43,
      "company": "Runway",
      "category": "AI video",
      "country": "United States",
      "founded": 2018,
      "valuation": 5.3,
      "basis": "Priced round (per a source to TechCrunch)",
      "round": "Series E, $315M",
      "date": "2026-02-10",
      "investors": null,
      "note": null,
      "source": {
        "title": "TechCrunch: Runway raises $315M at $5.3B",
        "url": "https://techcrunch.com/2026/02/10/ai-video-startup-runway-raises-315m-at-5-3b-valuation-eyes-more-capable-world-models/"
      }
    },
    {
      "rank": 44,
      "company": "Factory",
      "category": "AI coding agents",
      "country": "United States",
      "founded": 2023,
      "valuation": 5,
      "basis": "Priced round",
      "round": "$200M round",
      "date": "2026-09-15",
      "investors": "Blackstone, Khosla Ventures, Sequoia, Insight Partners (participants)",
      "note": null,
      "source": {
        "title": "Factory: raises $200M at $5B",
        "url": "https://factory.com/news/5-billion-valuation"
      }
    },
    {
      "rank": 45,
      "company": "Unconventional AI",
      "category": "AI chips",
      "country": "United States",
      "founded": 2025,
      "valuation": 4.5,
      "basis": "Priced round",
      "round": "Seed, $475M",
      "date": "2025-12-09",
      "investors": "a16z, Lightspeed",
      "note": null,
      "source": {
        "title": "DCD: Unconventional AI raises $475m seed",
        "url": "https://www.datacenterdynamics.com/en/news/neuromorphic-compute-startup-unconventional-ai-raises-475m-in-seed-funding/"
      }
    }
  ]
}