Rounds / AI chips
Rebellions
South Korean fabless AI chip startup developing data-center chips, including Atom and Rebel.
- Website
- rebellions.ai
- Headquarters
- Not reported
- Founded
- 2020
Rounds
Series C
$250 million
Valuation: $1.4 billion
Lead: Not reported
Also in the round: Arm, Samsung Ventures, Pegatron VC, Korea Development Bank, Korelya Capital, Lion X Ventures
No single lead investor is named. The article describes Arm as a strategic partner in the round and Samsung Ventures and Pegatron VC as additional supporters. A won figure was not stated.
Series B
KRW 165 billion ($124 million)
Valuation: about $658 million post-money (KRW 880 billion)
Lead: KT
Also in the round: Pavilion Capital, Korea Development Bank, Korelya Capital, DG Daiwa Ventures, kt cloud, Shinhan Venture Investment, Noh & Partners, KB Securities, KB Investment, SV Investment, Mirae Asset Venture Investment, Mirae Asset Capital, IMM Investment, KT Investment, Seoul Techno Holdings, Oasis PE, Gyeongnam Venture Investment, SDB Investment
TechCrunch reported the $124 million (KRW 165 billion) close, KT as lead, and Pavilion Capital, Korea Development Bank, Korelya Capital, and DG Daiwa Ventures. Startup Recipe reported the same $124 million round and named additional participants. DG Daiwa Ventures is the TechCrunch name for the investor Startup Recipe abbreviated as DGDV.