Week of October 16 – October 22, 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. It was a busy week with primary rounds, secondary trades, and acquisitions. Publics pulled back. Index −0.5% WoW.
Primary Rounds & Filings
- Redwood Materials*: $350M Series E $47.40/share (flat round).
- Human Interest*: Series F $15.53/share (~+71%).
Secondary Transaction
- xAI: +2.7% to $41.08
- Anduril: +23.2% to $63.00
- Cerebras Systems: −10.3% to $32.50
- Discord: +8.3% to $260.00
Public Components
- CoreWeave (CRWV): −12.7% to $121.53
- Circle (CRCL): −7.2% to $124.79
- Figma (FIG): −17.2% to $52.81
- Hinge Health* (HNGE): −3.1% to $48.86
- Via Transportation* (VIA): −1.7% to $48.57
- Netskope* (NTSK): −4.7% to $21.79
Notable News
- dbt Labs and Fivetran approved merger.
- Anduril completed its 10th acquisition.
- Saudi PIF injected $205M into Magic Leap*.
- Ripple closed the Hidden Road acquisition.
- Anthropic plans to use 1M Google TPUs.
Index Performance
The Prime Unicorn 30 Index closed at 176.95 on Oct 22, down 0.5% vs 177.84 on Oct 15.
*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.