Hectocorn

If Ant Financial is able to raise it’s $9B funding round at an expected $150B valuation it will become the first Hectocorn (or venture backed private company valued at over $100B) – a massive business by any standards, public or private.

You’ve probably heard of “unicorns” – technology startups valued at more than $1bn – but 2026 is shaping up to be the year of the “hectocorn”, with several US and European companies potentially floating on stock markets at valuations over $100bn (£75bn).