FuriosaAI Secures $125 Million In Series C Funding Led By Korea Development Bank
FuriosaAI, a Seoul-based semiconductor company developing next-gen AI chips for data centers and enterprise use, has raised $125 million in Series C bridge funding to accelerate mass production of its RNGD chip and su…
FuriosaAI, a Seoul-based semiconductor company developing next-gen AI chips for data centers and enterprise use, has raised $125 million in Series C bridge funding to accelerate mass production of its RNGD chip and support the development of its next product. Led by CEO June Paik, the company aims to make AI computing more sustainable through a vertically integrated hardware-software stack. Since its 2017 founding, FuriosaAI has raised $246 million and now holds a valuation of $735 million.
INVESTORS: Korea Development Bank, Industrial Bank of Korea, Keistone Partners & Kakao Investment
ROUND: Series C AMOUNT: $125,000,000
HQ: #Seoul #SouthKorea
#VentureCapital #FuriosaAI #JunePaik #KoreaDevelopmentBank #IndustrialBankofKorea #KeistonePartners #KakaoInvestment #TradedVC
ABOUT THE DEAL
- Raise
- $125M
- Round
- Series C
- Company
- FuriosaAI
- Desk
- Deals
- Filed
- Jul 31, 2025
- Investors
- Korea Development Bank
- Industrial Bank of Korea
- Keistone Partners
- Kakao Investment