Unicorns, Record-breaking Quarter for Tech Investment Kick Off 2019

June 6, 2019

Through the first quarter of 2019, two new unicorns (private companies valued at more than $1 billion) launched in San Diego. TuSimple, a U.S.-Chinese startup focused on autonomous long-haul semi-trucks, raised another $95 million in series D funding. Financial software company Kyriba recently relocated back to San Diego and raised $160 million in a private equity round, bringing its valuation to $1.2 billion.