Private Equity 24 Hours

Last updated: July 5, 2026, 5:30 PM ET

Private Equity & Venture Capital

The venture capital market has seen nearly 90 new unicorns minted this year, a surge largely attributed to investor enthusiasm for artificial intelligence startups nearly 90 new unicorns. Among the less familiar players achieving significant scale is Bending Spoons, an app developer that has quietly amassed a portfolio serving over a billion users, demonstrating the potential for substantial growth outside of headline-grabbing IPOs. This activity signals a rebound in startup valuations, with AI continuing to be the dominant sector attracting capital and driving new market entrants.