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FuriosaAI Aims for $300M+ Funding Ahead of IPO
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Heartspace News Desk
•Source: Bloomberg.com
Photo by Michael Lai on Unsplash
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Key takeaways
- Seoul-based chip startup FuriosaAI, aiming to compete with Nvidia Corp
- , is reportedly preparing to raise over $300 million in a pre-initial public offering (IPO) funding round
- Sources close to the matter indicated that FuriosaAI has invited select global banks to submit proposals for arranging its Series D round
Seoul-based chip startup FuriosaAI, aiming to compete with Nvidia Corp., is reportedly preparing to raise over $300 million in a pre-initial public offering (IPO) funding round.
Sources close to the matter indicated that FuriosaAI has invited select global banks to submit proposals for arranging its Series D round. These individuals, who requested anonymity when discussing private information, stated that the company intends to expand its international investor base through this fundraising initiative.
Related Topics
FuriosaAIchip startupfunding roundIPONvidia competitorsemiconductorSouth Korea
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