South Korean AI chip startup Rebellions raises $250m in Series C round

South Korean AI chip startup Rebellions raises $250m in Series C round

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South Korean AI chip startup Rebellions announced that it has raised $250 million in a Series C round from Samsung Ventures and Pegatron VC, accelerating its roadmap for efficient, large-scale AI inference.

The new funding round, which values the company at $1.4 billion, was also joined by new investors, including Lion X Ventures, and existing investors, including the Korea Development Bank and Korelya Capital.

Rebellions is an AI semiconductor company powering the next generation of large-scale inference. The investment will fuel the company’s expanded chiplet-based product roadmap designed to deliver energy-efficient yet powerful inference infrastructure for demanding AI models.

Rebellions also plans to expand its global presence in the United States, Europe, and key Asia-Pacific markets.

“As AI inference workloads continue to rise, the demand for AI chips is expanding significantly. This investment marks an important milestone in Rebellions’ journey from Korea’s national AI chip champion into Asia-Pacific’s leading AI chip startup,” said Sungkyue Shin, CFO of Rebellions.

Rebellions is aiming for an initial public offering once this funding round has closed, per a CNBC report in July this year.

 

Edited by: Padma Priya

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