Rebellions Secures $400 Million Funding Ahead of IPO
2 sources·2 updates
South Korean AI chip startup Rebellions has successfully raised $400 million in a pre-IPO funding round, bringing its total valuation to $2.34 billion. The funding, led by Mirae Asset Financial Group and the Korea National Growth Fund, will support the company's expansion into the U.S., Japan, Saudi Arabia, and Taiwan.
Key Points
Rebellions has now raised a total of $850 million, with $650 million coming in the last six months.
The company recently launched two new AI infrastructure products: RebelRack and RebelPOD.
Rebellions aims to target major labs like Meta and xAI for its AI chips.
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