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47 Early-Stage Unicorns in Q1: Why Foundation Models Are Rewriting the VC Playbook

47 Early-Stage Unicorns in Q1: Why Foundation Models Are Rewriting the VC Playbook

April 16, 2026

Q1 2026 minted 47 early-stage unicorns — a record cohort. AI foundation models dominate, VC funding hit $300B, and 12 US newcomers lead the pack.

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