China adds 67 unicorns in H1 2026, led by AI
China saw 67 new unicorns in the first half of 2026, with AI and robotics companies accounting for over 50% of the growth, signaling a shift toward hard tech.
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Tag: #unicorn28 results
Kuaishou Spins Off $18B Kling AI Unicorn
Kuaishou plans to spin off its Kling AI video generation division into an independent company valued at 130 billion RMB. This move positions the unit as a unicorn aiming for an IPO. It signals strong commercial momentum for generative video AI.
XBOW Raises $35M for Autonomous Hacking
Cybersecurity startup XBOW, founded by GitHub Copilot creator Oege de Moor, raised $35M from NVIDIA, Samsung, SentinelOne, and others, pushing its Series C to $155M. The $1B+ unicorn lists a Seattle mailbox as HQ while its founder lives in Malta.
Huawei Spin-off Superfusion Targets IPO
Superfusion Digital Technology, ex-Huawei x86 server unit, completed IPO counseling in four months with 910B yuan valuation. Revenue surged from 280B yuan in 2023 to over 400B in 2024, focusing on AI and general servers. Backed by 30+ investors including China Mobile.
China's First $10B Pure Inference GPU Unicorn
Xiwang emerges as China's first 10 billion RMB-valued unicorn specializing in pure inference GPUs. Co-CEO Wang Zhan stresses lowest inference cost wins the race. Targets slashing million-token costs to 1 fen.
ModelBest Secures Funding, Hits Unicorn Status
Chinese on-device AI foundation model developer ModelBest raised several hundred million RMB (tens of millions USD) in funding. The round was led by Shenzhen Capital Group and Inovance Capital. This marks its entry into unicorn status after three funding rounds in the past year.
Xoople Raises $130M for AI Earth Data Infra
Madrid-based Xoople, founded in 2019, raised $130M in Series B funding led by Nazca Capital, totaling $225M and achieving unicorn status. Co-investors include MCH Private Equity, CDTI, Buenavista Equity Partners, and Endeavor. The funds will build geospatial data infrastructure essential for AI to understand Earth.
Tenex Raises $250M for AI Security, Hits $1B Valuation
Cybersecurity startup Tenex, a Google partner, raised $250 million in funding. The round values it at over $1 billion, achieving unicorn status. Funds will bolster its AI security services amid rising AI threats.
Starcloud Raises $170M for Space Data Centers
Starcloud secured $170 million in Series A funding to build data centers in space. It achieved unicorn status just 17 months after Y Combinator demo day, the fastest for any YC startup.
Dash0 Unicorn with $110M for AI Agent0
Dash0, an OpenTelemetry-native observability platform from the Instana team, raised $110M Series B led by Balderton. It has grown to 600 customers in under two years. Funding will develop Agent0, an AI layer that auto-fixes production issues.