- VC funding is on track to break records with $61 billion invested in July, Crunchbase found.
- Fifty-three new unicorns emerged in July, the second-highest monthly total so far this year.
- Among them is $18 billion crypto exchange FTX, founded by a 29-year-old former trader.
Summer has often been a slower period for VC activity — but not this year.
The brisk pace of venture-capital funding continued into July as investors poured $61 billion into private companies worldwide, Crunchbase found. As a result, venture activity remains well on track to break records this year.
Fifty-three startups became unicorns last month, with billion-dollar or higher valuations, especially in categories such as fintech and crypto.
The crypto exchange FTX, founded by the 29-year-old former trader Sam Bankman-Fried, topped the list by valuation. It's now valued at $18 billion after raising a $900 million Series B round from a group of more than 60 investors, including Sequoia Capital, Insight Partners, and the crypto-focused firm Paradigm.
OpenSea, an NFT startup, also breached the $1 billion mark, along with the blockchain-security startup Fireblocks and the Brazilian crypto exchange Mercado Bitcoin.
Here's the full list of July unicorns, according to Crunchbase.
| Company | Valuation | Country |
| FTX | $18 billion | US |
| iCapital Network | $4 billion | US |
| insightsoftware | $4 billion | US |
| Articulate | $3.8 billion | US |
| Redwood Materials | $3.7 billion | US |
| PsiQuantum | $3.2 billion | US |
| Contentful | $3 billion | Germany |
| Sourcegraph | $2.7 billion | US |
| ManoMano | $2.6 billion | France |
| Odoo | $2.4 billion | Belgium |
| Algolia | $2.3 billion | US |
| Fireblocks | $2.2 billion | US |
| Market Kurly | $2.2 billion | South Korea |
| Mercado Bitcoin | $2.1 billion | Brazil |
| Aleph Holding | $2 billion | US |
| MURAL | $2 billion | US |
| Pivot Bio | $2 billion | US |
| Pantheon | $2 billion | US |
| 1Password | $2 billion | Canada |
| bunq | $1.9 billion | Netherlands |
| Pleo | $1.7 billion | Denmark |
| Solarisbank | $1.7 billion | Germany |
| Mercury | $1.6 billion | US |
| OfBusiness | $1.6 billion | India |
| Impact | $1.5 billion | US |
| OpenSea | $1.5 billion | US |
| SmartRecruiters | $1.5 billion | US |
| NotCo | $1.5 billion | Chile |
| Culture Amp | $1.5 billion | Australia |
| M1 Finance | $1.5 billion | US |
| Coda | $1.4 billion | US |
| At-Bay | $1.4 billion | US |
| Rohlik | $1.2 billion | Czech Republic |
| FloQast | $1.2 billion | US |
| Prime Medicine | $1.2 billion | US |
| Droom | $1.2 billion | India |
| SonderMind | $1.1 billion | US |
| Blackbuck | $1 billion | India |
| VNLIFE | $1 billion | Vietnam |
| Amperity | $1 billion | US |
| Interos | $1 billion | US |
| Mark43 | $1 billion | US |
| Nature's Fynd | $1 billion | US |
| Remote | $1 billion | US |
| ROKT | $1 billion | US |
| Entrata | $1 billion | US |
| Kitopi | $1 billion | United Arab Emirates |
| Bolttech | $1 billion | Singapore |
| Nium | $1 billion | Singapore |
| Carsome | $1 billion | Malaysia |
| Lunar | $1 billion | Denmark |
| Bombax | $1 billion | China |
| Go1 | $1 billion | Australia |
