This Week in the Index- IPOs Pop

Week of May 7 – May 13, 2026

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. Fervo and Cerebras price well above their last round. The Prime Unicorn 30 Index is +3.0% week over week.

Primary Rounds & Filings

  • Cerebras: IPO priced 5/13/26 (+79.6%)
  • Fervo Energy*: IPO Priced 5/13/26 (+137.7%)
  • Supabase, Inc.*: Series F 5/12/26 COI (+97.0%)
  • Mercury Technologies, Inc.*: Series E authorized 5/8/26 COI (+18.2%)
  • Gradiant Corporation*: Series E authorized 5/8/26 COI (+47.7%)
  • Sigma Computing, Inc.*: Series E authorized 4/29/26 COI (+67.9%)

Secondary Transactions

N/A

Public Components

  • Hawkeye 360 (HAWK)*: +29.6% to $33.69
  • EquipmentShare (EQPT)*: +25.3% to $25.95
  • Eikon Therapeutics (EIKN)*: +23.5% to $12.31
  • Via Transportation (VIA)*: −23.2% to $13.31
  • BillionToOne (BLLN)*: +11.3% to $90.59
  • Generate Biomedicines (GENB)*: +6.0% to $16.22
  • Ethos (LIFE)*: +5.7% to $24.44
  • Navan (NAVN)*: −1.3% to $18.07
  • Netskope (NTSK)*: +0.1% to $10.56

Notable News

Index Performance

The Prime Unicorn 30 Index closed at 256.42 on May 13, up 3.0% vs 248.89 on May 6.

*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.