Week of November 13 – November 19, 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. Publics get pummeled, Ripple rockets in secondaries. Big AI rounds appear on the horizon. Index +2.9% WoW.
Primary Rounds & Filings
- Carbon*: raised $60M (pricing reflected in the Index on 9/30/25).
Secondary Transactions
- Ripple: $170.00 (+136.1%)
- Shield AI*: $83.30 (−3.6%)
- Gecko Robotics*: $45.00 (+4.7%)
Public Components
- CoreWeave (CRWV): −12.3% to $74.92
- Circle (CRCL): −19.2% to $69.72
- Figma (FIG): −18.8% to $35.74
- Hinge Health* (HNGE): +4.2% to $44.10
- Via Transportation* (VIA): −28.1% to $36.30
- Netskope* (NTSK): −15.3% to $17.66
- Navan* (NAVN): −21.7% to $14.12
- BillionToOne* (BLLN): −4.3% to $97.39
Notable News
- Microsoft and Nvidia to invest up to $15B in Anthropic.
- Databricks in talks to raise at >$130B valuation.
- xAI reportedly in talks to raise $15B; Musk called the report “false.”
- Ripple said it has “no plan, no timeline” for an IPO.
- Figma fell below its IPO price.
Index Performance
The Prime Unicorn 30 Index closed at 174.83 on Nov 19, up 2.9% vs 169.85 on Nov 12.
*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.