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What is a unicorn company?

A unicorn company is a privately held startup valued at over $1 billion. This term highlights their rarity, much like the mythical creature. Callosum, having just raised $100 million in a seed round, is on a path to potentially become a unicorn if its valuation continues to grow significantly, driven by its innovative AI tech.

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UK startup Callosum raises $100 million for AI tech

Related explainers

What are seed rounds? What is a Series A round? How do startups get valued? Why buy company bonds? How do company finances work? Who are company investors? What is a company valuation? What is a 'holding company'?

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