World's 20 Most Valuable Startups with Valuation > $10 Billion

As of December 2021, there are more than 936 unicorns around the world and 35 decacorn startups with a valuation above $10 billion, spread out across different countries and industries -- according to business research firm CB Insights. China's ByteDance tops the list at valuation of $140 billion followed by Elon Musk's SpaceX at #2.

Tech VC firm Sequoia Capital, an early investor in Apple, Google, and Oracle, invested in at least nine of 2021's biggest unicorns -- Bytedance, Klarna, Canva, Nubank, BYJU'S, FTX, DJI Innovations, SHEIN, Bitmain.

U.S. and China together accounted for over 70% of the 35 biggest startups. The UK (3) was the next most-frequently listed headquarters, while Australia, Brazil, Germany, India and Sweden each had one of these unicorns on the list.

India has 48 unicorns as of  December 2021 and among top-25 Decacorns in the World edtech startup Byju's is the only Indian startup in the list with #13 position, at valuation of $21 billion.

Fintech and Artificial Intelligence are most invested sectors.

Rank #	Company	Valuation	Country	Category
1	Bytedance	$140 Bn	China	Artificial intelligence
2	SpaceX	$100.3 Bn	U.S.	Other
3	Stripe	$95 Bn	U.S.	Fintech
4	Klarna	$45.6 Bn	Sweden	Fintech
5	Canva	$40 Bn	Australia	Internet software & services
6	Instacart	$39 Bn	U.S.	Supply chain, logistics, & delivery
7	Databricks	$38 Bn	U.S.	Data management & analytics
8	Revolut	$33 Bn	UK	Fintech
9	Nubank	$30 Bn	Brazil	Fintech
10	Epic Games	$28.7 Bn	U.S.	Other
11	Chime	$25 Bn	U.S.	Fintech
12	FTX	$25 Bn	China (Hong Kong)	Fintech
13	BYJU's	$21 Bn	India	Edtech
14	Xiaohongshu	$20 Bn	China	E-commerce & direct-to-consumer
15	J&T Express	$20 Bn	Indonesia	Supply chain, logistics, & delivery
16	Fanatics	$18 Bn	U.S.	E-commerce & direct-to-consumer
17	Yuanfudao	$15.5 Bn	China	Edtech
18	DJI Innovations	$15 Bn	China	Hardware
19	SHEIN	$15 Bn	China	E-commerce & direct-to-consumer
20	Checkout.com	$15 Bn	UK	Fintech