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The Full List of 41 Semiconductor Unicorn Startups (2026)

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The global semiconductor industry contains 41 unicorn startups, largely based in China and the United States. Their work spans memory chips, artificial intelligence, and quantum computing.

Among them, China's Yangtze Memory Technologies is valued at $23B. Stateside, PsiQuantum is developing a quantum computer with a valuation of $7B.

Below is the full list of 41 Semiconductor unicorn startups at this time.

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Yangtze Memory Technologies develops and manufactures 3D NAND flash memory chips used in everything from smartphones to enterprise data centers. They are best known for their proprietary Xtacking architecture, a technology that boosts memory performance and storage capacity.

Valuation$23B
HeadquartersWuhan, Hubei, China
Year Founded2016
FoundersSimon Yang
Funding AmountCN¥50.6B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusUndisclosed
Top InvestorsHubei Changsheng Development, Wuhu Wenming Quanhong Investment Management, Changjiang Industrial Investment Group, China Integrated Circuit Industry Investment Fund (CICF)

ChangXin Memory Technologies specializes in the design and manufacturing of dynamic random-access memory (DRAM). Their semiconductor products serve as essential components in a wide array of consumer and enterprise electronics.

Valuation$19B
HeadquartersHefei, Anhui, China
Year Founded2016
Founders
Funding AmountCN¥34.3B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusVenture Round
Top InvestorsChina Integrated Circuit Industry Investment Fund (CICF), Alibaba Group, Walden International, Greater Bay Area Homeland Development Fund, Tencent

Bitmain designs and manufactures application-specific integrated circuit (ASIC) chips and software for high-performance computing. They are a leading name in the cryptocurrency space, producing the popular ANTMINER line of Bitcoin mining hardware.

Valuation$15B
HeadquartersBeijing, Beijing, China
Year Founded2013
FoundersJihan Wu, Micree Zhan
Funding Amount$764.7M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsIDG Capital, HSG, Coatue, Temasek Holdings, Huangpu River Capital

Groq develops custom semiconductor technology and a software platform built to accelerate AI inference workloads. Their unique chip architecture delivers exceptional inference speed for large language models, enabling real-time AI applications.

Valuation$7B (Joined April 2021)
HeadquartersMountain View, California, United States
Year Founded2016
FoundersJonathan Ross
Funding Amount$1.8B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsTiger Global Management, BlackRock, Uncork Capital, Plug and Play, Alumni Ventures

PsiQuantum is developing a fault-tolerant quantum computer by using a unique photonic approach. This allows them to manufacture quantum chips in standard semiconductor foundries, aiming to build a one million qubit machine.

Valuation$7B (Joined July 2021)
HeadquartersPalo Alto, California, United States
Year Founded2016
FoundersJeremy O'Brien, Mark Thompson, Peter Shadbolt, Terry Rudolph
Funding Amount$2.3B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsBlackbird Ventures, Temasek Holdings, BlackRock, Founders Fund, Playground Global

GTA Semiconductor develops semiconductor chips, specializing in the research and development of integrated circuit technologies. Their work centers on creating new chip designs and advancing integrated circuit technology for various electronic applications.

Valuation$6B
HeadquartersShanghai, Shanghai, China
Year Founded2017
Founders
Funding AmountCN¥22B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsChina Internet Investment Fund, Cathay Capital, CICC, CPE, Shang Qi Capital

Changxin New Bridge produces DRAM memory chips, essential components for the global electronics industry. They are a well-funded manufacturer aiming to build a significant presence in the competitive semiconductor space.

Valuation$6B
HeadquartersChangshan, Hunan, China
Year Founded2021
Founders
Funding AmountCN¥14.6B
Company SizeLean Team (11-50)
Last Funding StatusPrivate Equity
Top InvestorsChina Integrated Circuit Industry Investment Fund (CICF), Huirong Deyun Investment

SambaNova develops an integrated hardware and software platform for enterprise-level artificial intelligence. Their full-stack system is designed to run complex AI models across the entire lifecycle, from training to inference.

Valuation$5B
HeadquartersPalo Alto, California, United States
Year Founded2017
FoundersChristopher Ré, Kunle Olukotun, Rodrigo Liang
Funding Amount$1.1B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsTemasek Holdings, Celesta Capital, Atlantic Bridge, Walden International, BlackRock

Lightmatter builds photonic processors that compute using light, offering a faster and more energy-efficient alternative to traditional chips. Their hardware is designed to accelerate demanding AI workloads within large-scale data centers.

Valuation$4.4B (Joined December 2023)
HeadquartersMountain View, California, United States
Year Founded2017
FoundersDarius Bunandar, Nicholas Harris, Thomas Graham
Funding Amount$822M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsHewlett Packard Enterprise, Spark Capital, Fidelity, Lockheed Martin Ventures, Matrix

Celestial AI develops an optical interconnect technology platform to tackle the growing demands of AI and data center computing. Their Photonic Fabric platform uses light to move data between compute and memory, breaking through the performance bottlenecks of traditional systems.

Valuation$3B (Joined March 2024)
HeadquartersSanta Clara, California, United States
Year Founded2020
FoundersDavid Lazovsky, Michelle Tomasko, Preet Virk
Funding Amount$593.9M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsTemasek Holdings, Engine Ventures, Tiger Global Management, US Innovative Technology Fund, BlackRock

The Remaining 31 Semiconductor Unicorns

The 10 most valued companies are only part of the picture. While many of the industry's unicorns are based in China and the United States, founders from across the globe are building important new businesses.

Some are developing new materials, while others are designing faster chips for AI. Here’s a look at the other startups shaping the future of semiconductors.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Tenstorrent logo TenstorrentCanada2016$1B$3B
SiFive logo SiFiveUnited States2015$365.5M$3B
Zhuzhou CRRC Times Semiconductor logo Zhuzhou CRRC Times SemiconductorChina2019CN¥5.1B$3B
Biren Technology logo Biren TechnologyChina2019$785.2M$2.32B
Diamond Foundry logo Diamond FoundryUnited States2012$350M$2B
NextSilicon logo NextSiliconIsrael2017$202.6M$2B
Enflame logo EnflameChina2018CN¥5.1B$2B
SemiDrive logo SemiDriveChina2018CN¥3.5B$2B
Runpeng Semiconductor logo Runpeng SemiconductorChina2022CN¥15B$2B
SJ Semi logo SJ SemiChina2014$1.6B$2B
Kunlun Core logo Kunlun CoreChina2011CN¥1.8B$2B
Vital Thin Film Materials logo Vital Thin Film MaterialsChina2017CN¥5.7B$2B
Qinghai Lihao logo Qinghai LihaoChina2021CN¥2.2B$2B
Tianyu Semiconductor logo Tianyu SemiconductorChina2009CN¥1.2B$2B
Vayyar logo VayyarIsrael2011$296M$2B
Kunlun logo KunlunChina2021$2B
Rebellions logo RebellionsSouth Korea2020$457.7M$1.4B
Jaguar Microsystems logo Jaguar MicrosystemsChina2020$1.34B
Hailo logo HailoIsrael2017$343.9M$1.2B
B&C Chemical logo B&C ChemicalChina2010CN¥900M$1.02B
Ayar Labs logo Ayar LabsUnited States2015$374.7M$1B
Substrate logo SubstrateUnited States2021$100M$1B
Moore Threads logo Moore ThreadsChina2020CN¥3.5B$1B
Silicon Box logo Silicon BoxSingapore2021$1.9B$1B
XLMEC logo XLMECChina2023CN¥7.8B$1B
Anhui YOFC Advanced Semiconductor logo Anhui YOFC Advanced SemiconductorChina2018CN¥3.8B$1B
SiEngine Technology logo SiEngine TechnologyChina2018CN¥1.5B$1B
JLSemi logo JLSemiChina2009$90M$1B
CanSemi logo CanSemiChina2017$980.7M$1B
Yuze Semiconductor logo Yuze SemiconductorChina2019CN¥1.2B$1B
Rong Semiconductor logo Rong SemiconductorChina2021$1B

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