South Korea's AI chip startup Rebellions raises $400 million in latest funding round led by Mirae Asset Financial Group to accelerate U.S. expansion.
RECENTLY ACQUIREDMar 30, 2026
Amount Raised
$400 Million
Round Type
Funding Round
SeoulManufacturingSoftwareScience And EngineeringArtificial IntelligenceMachine LearningSemiconductor Manufacturing
Investors
Sk TelecomSk HynixSamsungArmKtWa’ed VenturesMirae Asset Financial GroupKorea National Growth Fund
Description
South Korean artificial intelligence chip startup Rebellions raised $400 million in its latest funding round, bringing its total capital raised to $850 million. The round, led by Mirae Asset Financial Group and the Korea National Growth Fund, values the company at about $2.34 billion. This funding will help Rebellions expand into the U.S. and scale production of its Rebel100 platform
Company Information
Company
Rebellions
Location
Seoul, Seoul, South Korea
About
At that time, Rebellions CEO and co-founder Sunghyun Park told TechCrunch that the startup wrapped up its initial Series A, which was oversubscribed, in less than three months from financial investors. The Pavilion Capital-backed AI chipmaker has raised about $72.8 million (92 billion KRW) in total Series A funding, bringing its total funding to about $102.8 million since its inception in 2020. Temasek’s Pavilion Capital backs South Korean AI chip maker Rebellions with $50M investmentRebellions spokesperson told TechCrunch that the company plans to use the extension round to mass-produce its second AI chip prototype, ATOM, that will be used for large companies in the cloud sector and data centers. “Through the partnership with KT, we hope Rebellions will become a global fabless company like NVIDIA and Qualcomm.” Rebellions is also currently in discussions with potential customers in the financial sector to get its first AI chip, ION, which was launched in November 2021.
Fundz sees it the moment Rebellions raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SeoulManufacturingSoftwareScience And EngineeringArtificial IntelligenceMachine LearningSemiconductor Manufacturing