Back to Industry News
General
Forbes: Rebellions Secures $250M Funding Round with Arm Participation
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Forbes
Photo by Claudio Schwarz on Unsplash
Stay updated on stories like this
Key takeaways
- South Korean AI chip startup Rebellions, established in 2020, has secured $250 million in Series C funding, elevating its valuation to $1
- 4 billion, according to Forbes
- The capital injection will facilitate the scaling of mass production for the company's latest AI chip, the Rebel-Quad
South Korean AI chip startup Rebellions, established in 2020, has secured $250 million in Series C funding, elevating its valuation to $1.4 billion, according to Forbes. The capital injection will facilitate the scaling of mass production for the company's latest AI chip, the Rebel-Quad.
This funding round marks a significant milestone for Rebellions, including a first-time investment from Arm, representing Arm's initial venture into an Asian startup. Other participants in the round were Samsung Ventures, Pegatron VC, Korea Development Bank, Korelya Capital, and Lion X Ventures. Previous investors include Kakao’s venture arm and Saudi Aramco.
Rebellions intends to leverage the investment to advance its chiplet-based product roadmap, focusing on energy-efficient AI inference infrastructure. The Rebel-Quad, unveiled in August, is engineered for large-scale AI inference and is reportedly the first AI accelerator utilizing UCIe-Advanced technology. The company's Atom series chips are currently deployed in data centers across South Korea, Japan, Saudi Arabia, and the United States.
Looking forward, Rebellions plans to expand its market presence in the United States, Europe, and the Asia-Pacific region. Furthermore, the company announced a collaboration with Marvell in July to develop energy-efficient chips and joined a consortium in August selected by South Korea’s Ministry of Science and ICT to create a proprietary AI foundation model.
Related Topics
RebellionsAI chipfundingArmsemiconductor
Never miss stories like this