South Korean AI chip startup Rebellions has raised $400 million in a pre-IPO funding round, taking its valuation to approximately $2.3 billion as it prepares for a public listing later this year. The round was led by Mirae Asset Financial Group and the Korea National Growth Fund, signaling strong investor confidence in the company’s growth trajectory.
Founded in 2020, Rebellions operates as a fabless semiconductor company, focusing on designing AI chips while outsourcing manufacturing. Its core products are built for inference computing, which powers how AI models generate responses to user queries. As the adoption of large language models continues to expand, demand for efficient inference solutions has grown significantly.
The latest funding comes shortly after the company’s previous rounds, including a $124 million Series B in 2024 and a $250 million Series C in late 2025. With this new raise, Rebellions’ total funding has reached around $850 million, with a substantial portion secured within the past six months.
Rebellions is also actively expanding its global footprint, with plans to strengthen its presence across Asia, the Middle East, and the United States. Alongside the funding, the company has been advancing its AI infrastructure offerings, introducing solutions aimed at enabling large-scale deployment of its chips in enterprise and data center environments.
The funding round reflects a broader industry trend where investors are increasingly backing AI hardware companies that can provide cost-efficient and high-performance alternatives in the rapidly growing semiconductor market. As competition intensifies globally, Rebellions is positioning itself as a key player in the next phase of AI infrastructure development.
