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100 Top Unicorns
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The Complete List of 30 Manufacturing Unicorns

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Have you ever wondered which private companies in the Manufacturing industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 30 Manufacturing unicorn startups, from highest to lowest valuation.

30 Manufacturing Unicorns Companies

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SpaceX

SpaceX

SpaceX is space technology company involved in aerospace manufacturing, design of rockets and spacecraft.

Details of the startup:

  • Valuation:

    $100.30

    B (

    December 2012

    )

  • Country:

    United States

  • City:

    Hawthorne

  • Started in:

    2002

  • Founders:

    Elon Musk

  • Industries:

    Aerospace, Manufacturing, Space Travel, Transportation

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $383.02M

  • Number of funding rounds:

    56

  • Number of investors:

    60

here

Fanatics

Fanatics

Fanatics is a worldwide leader in licensed sports merchandise and fan gear, including jerseys, t-shirts, hats, and much more.

Details of the startup:

  • Valuation:

    $18.00

    B (

    June 2012

    )

  • Country:

    United States

  • City:

    Jacksonville

  • Started in:

    1995

  • Founders:

    Alan Trager, Michael G. Rubin, Mitch Trager

  • Industries:

    Manufacturing, Retail, Sporting Goods, Sports

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,170.29M

  • Number of funding rounds:

    8

  • Number of investors:

    17

here

DJI Innovations

DJI Innovations

DJI is a world leader in developing, manufacturing, and selling easy-to-fly drones for aerial photography.

Details of the startup:

  • Valuation:

    $15.00

    B (

    January 2015

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2006

  • Founders:

    Frank Wang

  • Industries:

    Aerospace, Consumer Electronics, Drones, Manufacturing, Photography, Wireless

  • Number of employees:

    10,000+

  • Funding Amount:

    $1,135.00M

  • Number of funding rounds:

    2

  • Number of investors:

    3

here

Bitmain Technologies

Bitmain Technologies

Bitmain designs and manufactures hardware and software for high performance computing.

Details of the startup:

  • Valuation:

    $12.00

    B (

    July 2018

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2013

  • Founders:

    Jihan Wu, Micree Zhan

  • Industries:

    Application Specific Integrated Circuit (ASIC), Bitcoin, Electronics, Manufacturing, Semiconductor

  • Number of employees:

    100-250

  • Funding Amount:

    $450.00M

  • Number of funding rounds:

    3

  • Number of investors:

    14

here

Weilong

Weilong

Weilong Foods is a snack food brand that produces and manufactures spicy noodles, dried seafood, and other series of snack foods.

Details of the startup:

  • Valuation:

    $10.88

    B (

    May 2021

    )

  • Country:

    China

  • City:

    Luohe

  • Started in:

    1999

  • Founders:

    Liu Fuping, Liu Weiping

  • Industries:

    Food and Beverage, Manufacturing, Snack Food

  • Number of employees:

    No Data

  • Funding Amount:

    $559.74M

  • Number of funding rounds:

    1

  • Number of investors:

    10

here

Northvolt

Northvolt

Northvolt delivers clean energy by developing and recycling sustainable batteries for renewable power storage.

Details of the startup:

  • Valuation:

    $9.08

    B (

    June 2019

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2016

  • Founders:

    Paolo Cerruti, Peter Carlsson

  • Industries:

    Battery, Clean Energy, CleanTech, Electronics, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $6,162.15M

  • Number of funding rounds:

    9

  • Number of investors:

    47

here

Royole Corporation

Royole Corporation

Royole develops advanced display technology for next-generation AR devices and smart devices.

Details of the startup:

  • Valuation:

    $6.00

    B (

    August 2015

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2012

  • Founders:

    Bill Liu

  • Industries:

    Electronics, Manufacturing, Mobile Devices

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,414.00M

  • Number of funding rounds:

    7

  • Number of investors:

    15

here

Ola Electric Mobility

Ola Electric Mobility

Ola is a mobility platform and a ride-hailing company providing intercity transport for customers.

Details of the startup:

  • Valuation:

    $5.00

    B (

    July 2019

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2019

  • Founders:

    Anand Shah, Ankit Jain, Bhavish Aggarwal

  • Industries:

    Automotive, Electric Vehicle, Manufacturing, Sales, Sustainability

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $822.29M

  • Number of funding rounds:

    9

  • Number of investors:

    19

here

United Imaging Healthcare

United Imaging Healthcare

United Imaging Healthcare is a manufacturer of medical equipment and treatments for the healthcare industry.

Details of the startup:

  • Valuation:

    $5.00

    B (

    September 2017

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2011

  • Founders:

    Daniel Mou

  • Industries:

    Health Care, Health Diagnostics, Manufacturing, Medical, Medical Device

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $500.00M

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

WM Motor

WM Motor

WM Motor is an all-electric company that designs, builds, and markets super safe zero emissions vehicles.

Details of the startup:

  • Valuation:

    $5.00

    B (

    March 2019

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2015

  • Founders:

    Bin Lu, Hui Shen, Ligang Du

  • Industries:

    Automotive, Autonomous Vehicles, Electric Vehicle, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $193.24M

  • Number of funding rounds:

    8

  • Number of investors:

    28

here

Relativity Space

Relativity Space

Relativity Space is a US-based aerospace company that specializes in building 3D printed rockets.

Details of the startup:

  • Valuation:

    $4.20

    B (

    November 2020

    )

  • Country:

    United States

  • City:

    Inglewood

  • Started in:

    2016

  • Founders:

    Jordan Noone, Tim Ellis

  • Industries:

    3D Technology, Aerospace, Artificial Intelligence, Manufacturing

  • Number of employees:

    250-500

  • Funding Amount:

    $1,385.14M

  • Number of funding rounds:

    8

  • Number of investors:

    51

here

Youxia Motors

Youxia Motors

Youxia Motors is a niche EV manufacturer that provides high quality production and a wide range of services.

Details of the startup:

  • Valuation:

    $3.35

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2014

  • Founders:

    Huang Xiuyuan, Will Lee

  • Industries:

    Automotive, Electric Vehicle, Industrial Design, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $930.00M

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

Sila Nanotechnologies

Sila Nanotechnologies

Sila Nanotechnologies is an industry leader in the manufacturing of higher purity lithium ion batteries that result in enhanced performance for EV’s.

Details of the startup:

  • Valuation:

    $3.30

    B (

    April 2019

    )

  • Country:

    United States

  • City:

    Alameda

  • Started in:

    2011

  • Founders:

    Alex Jacobs, Gene Berdichevsky, Gleb Yushin, Mike Speiser

  • Industries:

    Electronics, Manufacturing, Nanotechnology

  • Number of employees:

    100-250

  • Funding Amount:

    $240.25M

  • Number of funding rounds:

    5

  • Number of investors:

    13

here

Hozon Auto

Hozon Auto

Hozon is an electric vehicle startup that uses technology to develop intelligent electric vehicle models.

Details of the startup:

  • Valuation:

    $2.74

    B (

    October 2021

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2014

  • Founders:

    Yunzhou Fang, Zhang Yong

  • Industries:

    Automotive, Electric Vehicle, Manufacturing

  • Number of employees:

    250-500

  • Funding Amount:

    $300.00M

  • Number of funding rounds:

    6

  • Number of investors:

    10

here

Zetwerk

Zetwerk

Zetwerk operates a business-to-business marketplace for manufacturing items.

Details of the startup:

  • Valuation:

    $2.50

    B (

    August 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2018

  • Founders:

    Amrit Acharya, Rahul Sharma, Srinath Ramakkrushnan, Vishal Chaudhary

  • Industries:

    B2B, Consumer Goods, Manufacturing, Marketplace

  • Number of employees:

    100-250

  • Funding Amount:

    $656.67M

  • Number of funding rounds:

    11

  • Number of investors:

    22

here

Carbon

Carbon

Carbon designs and delivers high tech polymer solutions for industries such as pharmaceuticals, energy cells, oil & gas, aerospace & defense, automotive, artificial intelligence, and more.

Details of the startup:

  • Valuation:

    $2.40

    B (

    August 2015

    )

  • Country:

    United States

  • City:

    Redwood City

  • Started in:

    2013

  • Founders:

    Dr. Joseph M. DeSimone, Philip DeSimone

  • Industries:

    3D Printing, Industrial Engineering, Manufacturing, Mechanical Engineering

  • Number of employees:

    250-500

  • Funding Amount:

    $1,352.60M

  • Number of funding rounds:

    9

  • Number of investors:

    29

here

Zume

Zume

Zume is a manufacturing technology company focused on food packaging with economically viable substitutes for plastic packaging.

Details of the startup:

  • Valuation:

    $2.25

    B (

    November 2018

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2015

  • Founders:

    Alex Garden, Julia Collins

  • Industries:

    Consumer, Food and Beverage, Food Delivery, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $445.69M

  • Number of funding rounds:

    7

  • Number of investors:

    10

here

Formlabs

Formlabs

Formlabs technologies are used by professionals to produce real-world models and functional prototypes via 3D printing.

Details of the startup:

  • Valuation:

    $2.00

    B (

    August 2018

    )

  • Country:

    United States

  • City:

    Somerville

  • Started in:

    2011

  • Founders:

    David Cranor, Maxim Lobovsky, Natan Linder

  • Industries:

    3D Printing, 3D Technology, Consumer Electronics, Hardware, Manufacturing

  • Number of employees:

    500-1,000

  • Funding Amount:

    $51.93M

  • Number of funding rounds:

    9

  • Number of investors:

    24

here

OCSiAl

OCSiAl

TORC enables the low-cost production of Graphene Nanotubes enabling new uses in consumer electronic, water purification, catalysis, and much more. Worldwide scaling has already been demonstrated. The market for this technology is estimated to be several billion dollars at its full potential.

Details of the startup:

  • Valuation:

    $2.00

    B (

    March 2019

    )

  • Country:

    Luxembourg

  • City:

    Leudelange

  • Started in:

    2012

  • Founders:

    Mikhail Predtechenskiy, Oleg Kirillov, Yuriy Zelvenskiy, Yury Koropachinskiy

  • Industries:

    Industrial, Manufacturing, Nanotechnology

  • Number of employees:

    250-500

  • Funding Amount:

    $5.00M

  • Number of funding rounds:

    15

  • Number of investors:

    6

here

AIWAYS

AIWAYS

AIWAYS is a smart car manufacturer based in Shanghai, China that creates beautiful electric vehicles that can be used in any situation.

Details of the startup:

  • Valuation:

    $1.78

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2017

  • Founders:

    Fu Qiang, Gu Feng

  • Industries:

    Artificial Intelligence, Automotive, Electric Vehicle, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $100.00M

  • Number of funding rounds:

    7

  • Number of investors:

    5

here

Promasidor Holdings

Promasidor Holdings

Promasidor is Africa’s leading manufacturer and supplier of seasonings and processed foods. Its brands are well-established household names, recognized for high quality.

Details of the startup:

  • Valuation:

    $1.59

    B (

    November 2016

    )

  • Country:

    South Africa

  • City:

    Bryanston

  • Started in:

    1979

  • Founders:

    Robert Rose

  • Industries:

    Consumer Goods, Food and Beverage, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $556.00M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Solugen

Solugen

Solugen is a specialty chemicals ​manufacturer creating chemistries that are safe, cost-effective, and environmentally-friendly.

Details of the startup:

  • Valuation:

    $1.50

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Houston

  • Started in:

    2016

  • Founders:

    Gaurab Chakrabarti, Sean Hunt

  • Industries:

    Biopharma, Biotechnology, GreenTech, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $443.07M

  • Number of funding rounds:

    7

  • Number of investors:

    23

here

Epirus

Epirus

Epirus designs and builds high-powered microwave products for the defense and commercial sectors.

Details of the startup:

  • Valuation:

    $1.35

    B (

    February 2022

    )

  • Country:

    United States

  • City:

    Hawthorne

  • Started in:

    2018

  • Founders:

    Bo Marr, Grant L. Verstandig, Joe Lonsdale, John Tenet, Max Mednik, Nathan Mintz

  • Industries:

    Aerospace, Machinery Manufacturing, Manufacturing, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $287.39M

  • Number of funding rounds:

    4

  • Number of investors:

    16

here

GPclub

GPclub

GP Club, one of the leading cosmetics manufacturing and distribution companies, offers a wide range of products in the health and beauty industry.

Details of the startup:

  • Valuation:

    $1.32

    B (

    October 2018

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2003

  • Founders:

    Jung-Woong Kim

  • Industries:

    Beauty, Cosmetics, Lifestyle, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $66.16M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

InSightec

InSightec

InSightec develops and manufactures MR-guided Focused Ultrasound devices for image-guided acoustic surgery. Their technology is based on patented Focused Ultrasound principles, and was designed to replace surgery.

Details of the startup:

  • Valuation:

    $1.30

    B (

    March 2020

    )

  • Country:

    Israel

  • City:

    Tirat Carmel

  • Started in:

    1999

  • Founders:

    Kobi Vortman

  • Industries:

    Biotechnology, Health Care, Manufacturing, Medical Device, Therapeutics

  • Number of employees:

    250-500

  • Funding Amount:

    $559.05M

  • Number of funding rounds:

    10

  • Number of investors:

    9

here

SVOLT

SVOLT

SVOLT (Silicon Valley Organization of Lithium Technologies) is a Silicon Valley-based lithium battery technology company that offers electric vehicle (EV) materials, cells, modules, packs, systems and BMS to drive the EV revolution.

Details of the startup:

  • Valuation:

    $1.16

    B (

    June 2020

    )

  • Country:

    China

  • City:

    Changzhou

  • Started in:

    2018

  • Founders:

    No Data

  • Industries:

    Battery, Electric Vehicle, Energy, Energy Storage, Manufacturing

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $300.00M

  • Number of funding rounds:

    4

  • Number of investors:

    25

here

Hesai Tech

Hesai Tech

Hesai has designed the first fully-autonomous radar based on laser-microwave technology that accurately detects moving obstacles and recognizes static obstacles with the highest accuracy.

Details of the startup:

  • Valuation:

    $1.05

    B (

    August 2020

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2013

  • Founders:

    Kai Sun, Shaoqing Xiang, Yifan Li

  • Industries:

    Autonomous Vehicles, Laser, Manufacturing, Sensor, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $717.29M

  • Number of funding rounds:

    9

  • Number of investors:

    18

here

Leap Motor

Leap Motor

Leapmotor is poised to become a leading brand in China’s burgeoning electric vehicle market.

Details of the startup:

  • Valuation:

    $1.01

    B (

    November 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Fu Liquan, Zhu Jiangming

  • Industries:

    Automotive, Electric Vehicle, Energy, Manufacturing

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,761.19M

  • Number of funding rounds:

    4

  • Number of investors:

    12

here

Augury

Augury

Augury delivers machine health diagnostics to assist in reducing downtime and strengthening supply chain resilience.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2011

  • Founders:

    Gal Shaul, Saar Yoskovitz

  • Industries:

    Analytics, Artificial Intelligence, Industrial, Industrial Manufacturing, Machinery Manufacturing, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $294.00M

  • Number of funding rounds:

    7

  • Number of investors:

    16

here

HMD Global

HMD Global

HMD designs and produces quality mobile phones. They combine advanced tech with excellent quality for the best possible user experience.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2018

    )

  • Country:

    Finland

  • City:

    Espoo

  • Started in:

    2016

  • Founders:

    Jean-Francois Baril

  • Industries:

    Consumer Electronics, Customer Service, Manufacturing, Mobile Devices, Product Design

  • Number of employees:

    500-1,000

  • Funding Amount:

    $330.00M

  • Number of funding rounds:

    2

  • Number of investors:

    6

here
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