Diligence memo · auto-generated · as of July 2, 2026
Black Unicorn Factory
Black Unicorn Factory has raised $646M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Black Unicorn Factory operates in Manufacturing / Industrial, based in LOS ANGELES. Black Unicorn Factory
Capital & rounds (filed)filed
Black Unicorn Factory has raised $646M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $420M on 2021-05-20.
Most recent recorded round closed around 2024-05-15.
Valuation (modeled)modeled
Provath models Black Unicorn Factory at approximately $10M (range $8.0M–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 2.1 yr ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round was 420.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Manufacturing / Industrial peers (629 compared).
Modeled value ranks above 86% of those peers.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.