Chinese biotech startup Icarbonx enters the Unicorn list just months after being founded

In the league of continuous additions to the Unicorn Startup List, China makes the maximum number of entries. Though getting in to the list just before some time was rare, the current scenario is getting different. It all turned around when a recently founded biotech startup Icarbonx announced a Series A round of funding on Monday that now values it at US 1 billion. Icarbonx was founded in late of October, 2015. The company aims to "Manage Your Digital Life", as its name suggests; the name centers around "carbon" – the element of life, while the "i" and "X" indicate the company's plan to fuse the internet and artificial intelligence to create something entirely new.