Posted 12/22/2023, 10:00:00 AM
Unicorn Startups Plummet in 2023; AI Dominates While Crypto Crumbles
- Only 44 new unicorn startups were created in North America in 2023, down from 195 in 2022 and 360 in 2021
- AI startups like OpenAI and generative AI companies accounted for the largest share of new unicorns
- Cryptocurrency startups were almost entirely absent from the list of new unicorns this year
- The collapse of major crypto companies like FTX and Binance contributed to the absence of crypto unicorns
- Below is a complete list of the 44 North American companies that achieved $1B+ valuations in 2023