Rebellions closes $400M pre-IPO round at a $2.34B valuation
Rebellions, a leading South Korean fabless AI chip company, has successfully closed a significant $400 million pre-IPO funding round, propelling its valuation to an impressive $2.34 billion. This latest infusion of capital brings the company's total funding to $650 million within a mere six-month period.
The company enjoys robust support from a consortium of major industry players, including Samsung, SK Hynix, and Aramco. Notably, Korea’s National Growth Fund selected Rebellions as its very first investment, underscoring the company's potential and strategic importance. With its advanced AI inference chips, Rebellions is strategically positioning itself to enter the competitive US market, actively targeting tech giants such as Meta and xAI as potential customers.
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