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This Week in Unicorn Companies | Key Deals and Moves

Harvey AI raised $300 million in a Series E funding round, reaching a $5 billion valuation. The round was co-led by Kleiner Perkins and Coatue, with additional backing from Conviction, Elad Gil, and Sequoia. Founded by Gabe Pereyra and Winston Weinberg, Harvey develops AI-driven tools that help law firms and corporate legal teams streamline their workflows—from document review and contract analysis to legal research and due diligence—using advanced natural language processing.

Kalshi achieved unicorn status after raising $185 million in a Series C round led by crypto-focused VC firm Paradigm, bringing its valuation to $2 billion. Founded by Luana Lopes Lara and Tarek Mansour, The company runs a regulated exchange where investors can trade on the outcomes of real-world events. Covering everything from economic data to international policy, Kalshi offers precise exposure to trends that traditional financial instruments often overlook.

Halter raised $100 million in Series D funding, reaching a $1 billion valuation. The round was led by BOND, with participation from NewView, Bessemer Venture Partners, DCVC, Icehouse Ventures, and Promus Ventures. Founded by Craig Piggott and Max Olson, Halter develops solar-powered smart collars that allow farmers to virtually fence pastures and monitor livestock. The technology helps boost productivity, protect natural resources, and promote sustainable, pasture-based farming worldwide.

Decagon raised $131 million in Series C funding at a $1.5 billion valuation. The round was co-led by Accel and Andreessen Horowitz, with participation from Bain Capital Ventures, BOND, Avra, Forerunner, and Ribbit Capital. Founded by Ashwin Sreenivas and Jesse Zhang, Decagon offers a conversational AI platform that lets customer experience teams design and manage AI agents in real time using natural language—while giving engineers full control over the code.

Zama raised $57 million in a Series B round, boosting its valuation past $1 billion and earning unicorn status. The round was co-led by Pantera Capital and Blockchange Ventures, bringing the company’s total funding to over $150 million. Founded by Pascal Paillier and Rand Hindi, Zama develops open-source fully homomorphic encryption solutions. Its core offering, the Zama Protocol, enables confidential applications on L1 and L2 blockchains—from private payments to secure finance and tokenization.

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