PITTSBURGH \u2014 While the venture capital sector saw ups and downs in 2025, many Pittsburgh-area companies were able to secure notable deals throughout the year.<\/p>\n
At the highest level, the region saw two companies hit the coveted unicorn status, a valuation above $1 billion. Med-tech startup Abridge, which provides AI tools to clinicians, raised a $250 million Series D, valuing it at $2.75 billion in February<\/a> before quickly doubling that value to approximately $5.3 billion with a $300 million Series E in June<\/a>. That same month, Gecko Robotics, which utilizes robotics and software to analyze infrastructure, secured a $125 million Series D round valuing it at $1.25 billion.<\/p>\n The region\u2019s other unicorn, Skild AI, never publicly disclosed raising funds this year, but PitchBook<\/a> data shows a $500 million Series B valuing the company at $4.7 billion having closed in May of this year. That round was also reported on by Bloomberg and the Financial Times.<\/a> Reuters has since reported that SoftBank Group Corp. and Nvidia Corp.<\/a> are exploring an investment of over $1 billion into the startup that would value it at approximately $14 billion.<\/p>\n Click here to read more from our partners at the Pittsburgh Business Times.<\/a> <\/p>\n Download the FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n Follow Channel 11 News on Facebook<\/a> and Twitter<\/a>. | Watch WPXI NOW<\/a><\/p>\n TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n \u00a92025 Cox Media Group<\/p>\n