dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities
  • Technology

Where Are The World’s Unicorn Companies?

  • July 28, 2020
Total
0
Shares
0
0
0

Where are the world’s billion-dollar startups located? How much are they cumulatively worth, billions? Trillions?  

In the business world, a unicorn refers to a private company or startup with a valuation surpassing USD 1 billion. CB Insights keeps track of the companies currently categorised as unicorns in their database, The Global Unicorn Club.

There are 476 unicorn companies in the CB Insights list as of July 2020. Included in this count are whisper valuations —unpublished, consensus estimates of a firm’s value made by analysts. The total cumulative valuation of the current unicorns amounts to a whopping USD 1.42 trillion.

In a separate analysis by Affinity, it has been found that the automotive and transportation sector is the dominating industry among the unicorns, with a mean valuation of USD 4.84 billion. The travel industry slightly falls short of the top spot with a mean valuation of USD 4.7 billion.

The cities home to the most unicorns

The city of San Francisco is home to the highest number of unicorn companies. Prominent for the Silicon Valley, the city houses 64 of the companies which made it to CB Insights’ list.

In a close second is Beijing. A total of 51 companies are headquartered in China’s capital. Following it is New York, home to 34 unicorn companies.

Together, these three cities hold nearly one-third of all the world’s unicorn firms.

Zooming out

Zooming out per country, it is clear that the United States is the country with the most unicorns.

The highest valued companies headquartered in American soil are Stripe (USD 36 billion), SpaceX (USD 36 billion), and Palantir Technologies (USD 20 billion).

China settles for second place in the list, hosting a total of 122 unicorns. While it may not defeat the U.S. in terms of sheer number, the country is home to Bytedance — currently the highest-valued unicorn company at a massive USD 75 billion.

The United Kingdom holds the third-highest number of unicorns with 25. The most valuable companies headquartered in the U.K. are Global Switch (USD 11.08 billion), Revolut (USD 5.5 billion), and Checkout.com (USD 5.5 billion).

More than 85% of all the unicorns in the world are located in only five countries: United States, China, United Kingdom, India, and Germany.

The impact of COVID-19 on unicorn companies

According to CB Insights, the number of new US-based unicorns hit a two-year low in the first quarter of 2020. Only 12 companies made it to the unicorn status during this period.

For comparison, the current record was obtained in Q4 2018. In this period, a total of 23 companies entered the billion-dollar status.

In spite of the addition of 12 more companies, the cumulative valuation of U.S. unicorns decreased to USD 624 billion for the first quarter of 2020, a considerable dip from the preceding quarter’s USD 634 billion.

This is a trend that CB Insights expects will continue in the following quarters as the investors become more risk-averse.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Silicon Valley
  • Startups
  • Unicorn
  • Unicorn Companies
dotlah.com

Previous Article
  • Lah!

NEA Works With Town Councils On Intensive Two-Week Vector Control Exercise As Part Of Stepped-Up Efforts To Combat Dengue

  • July 28, 2020
View Post
Next Article
  • Lah!

ACRA And SGX RegCo Emphasise Importance Of High-quality Financial Statements Amid COVID-19

  • July 29, 2020
View Post
You May Also Like
View Post
  • Technology

Apple services deliver powerful features and intelligent updates to users this autumn

  • Dean Marc
  • June 12, 2025
View Post
  • Artificial Intelligence
  • Machine Learning
  • Technology

Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design

  • Dean Marc
  • June 11, 2025
View Post
  • Technology
  • Working Life

It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society

  • dotlah.com
  • June 8, 2025
View Post
  • Cities

Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong

  • dotlah.com
  • June 4, 2025
View Post
  • Cities
  • Politics

Singapore businesses eye more investments in PH, says PM Wong

  • Dean Marc
  • June 4, 2025
oracle-ibm
View Post
  • Artificial Intelligence
  • Technology

IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud

  • Dean Marc
  • May 6, 2025
View Post
  • Software
  • Technology

Canonical Releases Ubuntu 25.04 Plucky Puffin

  • Dean Marc
  • April 17, 2025
View Post
  • Cities
  • Research

Mathematicians uncover the logic behind how people walk in crowds

  • dotlah.com
  • April 3, 2025


Trending
  • 1
    • Cities
    • People
    How We Took Everything For Granted – And Will We Do It Again?
    • May 21, 2020
  • 2
    • Lah!
    • Technology
    UOB And ADDX Collaborate On Sustainability-Linked Digital Bond
    • October 9, 2021
  • 3
    • Lah!
    • Technology
    Using Indoor Air Sampling Surveillance To Sniff Out COVID-19
    • October 9, 2021
  • 4
    • Environment
    • People
    Hurricanes And Wildfires Are Colliding With The COVID-19 Pandemic – And Compounding The Risks
    • August 28, 2020
  • 5
    • Lah!
    NUS Launches Revolutionary Materials Science Research Centre
    • October 9, 2021
  • 6
    • Technology
    EZ-Link Unveils Enhanced Mobile Wallet In Conjunction With Its Latest Brand Refresh
    • November 27, 2020
  • 7
    • Lah!
    • Technology
    Strategic Leadership Programme
    • October 9, 2021
  • Acer 8
    • Technology
    Acer’s New Swift Go and Aspire Vero 16 Laptops Feature New Intel Core Ultra 200H Series Processors and Sustainable Designs
    • January 6, 2025
  • 9
    • Lah!
    • Society
    DBS Rolls Out Digital Solutions To Give Businesses “Contact-free” Banking Options For Greater Peace Of Mind During Covid-19
    • February 29, 2020
  • 10
    • Engineering
    • People
    • Technology
    Three MIT Alumni Graduate From NASA Astronaut Training
    • March 8, 2024
  • 11
    • Technology
    A Wave Of Change For Southeast Asia’s Internet Economy
    • November 11, 2020
  • AI connections in space 12
    • Artificial Intelligence
    • Featured
    • Science
    • Technology
    Exploring the Hypothetical- Hyperintelligent Space Travel as Thought Experiment
    • July 11, 2023
Trending
  • 1
    A Father’s Day Gift for Every Pop and Papa
    • June 14, 2025
  • 2
    Apple services deliver powerful features and intelligent updates to users this autumn
    • June 12, 2025
  • 3
    Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design
    • June 11, 2025
  • 4
    It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society
    • June 8, 2025
  • 5
    PBBM asks Singapore to invest more in PH renewable energy projects
    • June 6, 2025
  • 6
    Singapore PM Wong arrives in Malacañang
    • June 4, 2025
  • 7
    Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong
    • June 4, 2025
  • 8
    Singapore businesses eye more investments in PH, says PM Wong
    • June 4, 2025
  • 9
    The Summer Adventures : Hiking and Nature Walks Essentials
    • June 3, 2025
  • 10
    Trump’s global trade plans are in disarray, after a US court ruling on ‘Liberation Day’ tariffs
    • May 29, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.