This Week in Unicorn Companies | Key Deals and Moves

Armis was acquired by ServiceNow in a deal valued at approximately $7.75 billion, following its previous plans for an IPO. Backed by investors including Sequoia Capital, Greylock Partners, and Ten Eleven Ventures, and founded by Yevgeny Dibrov, Nadir Izrael, and Tomer Schwartz, Armis develops an AI-driven cybersecurity platform that discovers, monitors, and protects all connected devices across enterprise networks, from IoT to mobile endpoints.

Galbot raised $300 million in its latest round, valuing the company at $3 billion. This round attracted global investors focused on robotics and embodied intelligence. Founded by Wang He, Galbot builds mobile manipulator robots for logistics, manufacturing, and warehouse tasks. Its AI-driven, dexterous robots help businesses scale automation, boost efficiency, and reduce labor-intensive processes.

Zepto, valued at around $7 billion, is preparing for a public debut as it moves closer to an IPO, reportedly planning to file a confidential Draft Red Herring Prospectus with the Securities and Exchange Board of India ahead of a potential 2026 listing. Founded by Aadit Palicha and Kaivalya Vohra, Zepto operates a hyperfast grocery delivery platform that uses dark stores and advanced logistics technology to deliver daily essentials in minutes across major Indian cities.

Cyera raised $400 million, bringing its valuation to $9 billion. The round was led by Blackstone, with participation from Greenoaks, Lightspeed Venture Partners, and others. Founded in 2021 by Yotam Segev and Tamar Bar-Ilan, Cyera develops an AI-powered platform that discovers, classifies, and protects sensitive data across enterprise environments. With rapid adoption of AI systems, the company provides a crucial security layer, helping organizations prevent data leaks and safely deploy AI at scale.

Resolve AI raised $100 million in its Series A round, reaching a $1 billion valuation. The round was led by Lightspeed Venture Partners, with participation from Sequoia Capital and other major investors. Led by CEO and co-founder Spiros Xanthos, Resolve AI helps organizations reduce downtime, accelerate troubleshooting, and optimize operational efficiency, positioning itself as a next-generation solution for intelligent IT management.