Rounds / AI chips
FuriosaAI
South Korean AI chip designer building data-center accelerators, including RNGD (Renegade).
- Website
- furiosa.ai
- Headquarters
- Not reported
- Founded
- 2017
Rounds
Series C bridge
KRW 170 billion ($120 million)
Valuation: pre-money KRW 830 billion; valuation reported above KRW 1 trillion
Lead: Not reported
Also in the round: Korea Development Bank, Industrial Bank of Korea, IBK Securities, IBK Venture Investment, Kakao Investment, Keistone Partners, DSC Investment, IMM Investment
KED Global called this bridge funding of KRW 170 billion ($120 million) from about 40 institutional investors and named Korea Development Bank, IBK, IBK Securities, IBK Venture Investment, Kakao Investment, and Keistone Partners. Startup Recipe called the same KRW 170 billion raise a Series C bridge and also named DSC Investment and IMM Investment as returning investors. Keistone is the KED spelling; Startup Recipe wrote Keystone Partners.