近日，国产半导体企业沐曦股份成功上市，市值一度冲到3500亿。有人统计，寒武纪、摩尔线程、 沐曦股份三家国产半导体公司，市值加起来已超过1.2万亿元。 中国的创新科技企业，迎来一波上市浪潮。据统计，截至2025年12月17日，国内今年新登陆A股、 港股有215家公司，硬科技占比约62%，AI相关占比24%，公司平均年龄7.9年。 其中，影石Insta360、云知声、明略科技、滴普科技等多家企业，曾入选创业邦100未来独角兽榜 单。 从2009年开始，创业邦便一直关注那些创新成长的新锐公司，持续推出创业邦100未来独角兽榜 单，致力于挖掘能够在未来3-5年快速成长的企业。 在AI成为新基础设施、硬科技门槛不断抬高的今天，这些创新企业凭什么在市场攻城略地？我们分析 近年的创业邦100未来独角兽榜单，试图找到中国创业者的精神密码、基因密码、商业密码。 谁是创造未来独角兽的主力军？ 科学家和外溢大厂人 梳理近三年的未来独角兽上榜企业，会发现：创业的主力人群，正在从机会驱动型转向能力密集型。 最显著的一类，是科学家与研究背景出身的创业者。 他们大多是手握底层算法的博士、走出顶尖实验室的科学家，或是带着大厂历练转身创业的 ...

Core Viewpoint - The existence of "future unicorns" is crucial for driving industrial upgrades and enhancing the vitality of the innovation ecosystem, as they embody breakthroughs in cutting-edge technologies and new business models [2] Group 1: Future Unicorns - Future unicorns address pain points in traditional industries and explore new directions in emerging sectors, injecting iterative momentum into niche fields [2] - These companies exhibit high growth potential, creating a "magnet effect" that attracts capital, talent, and other innovative resources, fostering a virtuous cycle of growth for themselves and their upstream and downstream SMEs [2] - The "Chuangyebang 100" list has been dedicated to identifying these future unicorns for 16 years, focusing on the transformative business forces expected in the next 3-5 years [2][8] Group 2: Evaluation Criteria - The evaluation process for identifying future unicorns is based on a long-term growth logic, assessing factors such as the founding team's background, core product technology, commercialization progress, capital value, and growth speed [10] - The aim is to discover potential companies with long-term development resilience, linking them with essential resources during their growth phases [10] Group 3: Registration and Requirements - The registration for the "Chuangyebang 100" list is open for companies with valuations between 100 million and 1 billion USD, showcasing outstanding performance in technology, products, and commercialization [3][10] - Eligible companies must be independently registered in China, operationally sound, and have no significant negative news in the past three years [13][16]