Week of December 4 – December 10, 2025
Quick Summary
Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. Primaries picked up (Harness, AppDirect, Fervo), secondaries were mixed (SpaceX up; Cerebras/GrubMarket/Lightmatter down), and publics mostly recovered. The Prime Unicorn 30 Index is +0.6% vs Dec 3.
Primary Rounds & Filings
- Harness: Series E $25.39/share (+89% vs $13.44 Series D-1); $240M at $5.5B valuation.
- AppDirect: Series H $39.96/share (+74% vs $23.00 Series G).
- Fervo Energy: Series E $8.17/share (+55% vs $5.28 Series D); $462M at $2.33B valuation.
Secondary Transactions
- SpaceX: $233.20 (+2.3%)
- Cerebras Systems: $35.00 (−9.1%)
- GrubMarket*: $13.00 (−51.7%)
- Lightmatter*: $57.00 (−5.0%)
Public Components
- CoreWeave (CRWV): +11.1% to $88.16
- Circle (CRCL): +2.5% to $88.41
- Figma (FIG): +5.1% to $39.26
- Hinge Health* (HNGE): +8.0% to $49.69
- Via Transportation* (VIA): −4.5% to $32.53
- Netskope* (NTSK): +22.8% to $22.50
- Navan* (NAVN): −11.3% to $13.97
- BillionToOne* (BLLN): +0.9% to $103.70
Notable News
- SpaceX to run a tender at $800B valuation; planning an IPO as soon as late 2026 at $1.5T.
- Fervo raised $462M to fund geothermal projects across >500k acres of leases.
- Snowflake and Anthropic announced a $200M+ partnership to bring agentic AI (Claude & Claude Code) into Snowflake’s data cloud.
- EquipmentShare* filed for an IPO.
- Freenome* to go public via SPAC.
Index Performance
The Prime Unicorn 30 Index closed at 181.67 on Dec 10, up 0.6% vs 180.56 on Dec 3.
*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.