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AI chip startup Rebellions raises $400 million at $2.3B valuation in pre-IPO round [TechCrunch]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The latest funding infusion, which comes before a planned IPO later this year, was led by the Mirae Asset Financial Group and the Korea National Growth Fund. It also comes at the same time that the company is engaging in an aggressive expansion effort — with recently announced plans to grow its presence not only in Asia but also in the Middle East and the U.S. Founded in 2020, Rebellions develops and designs AI chips while outsourcing their fabrication. The startup's chips are designed for inference — the compute necessary for AI models to respond to user queries. Inference has grown in importance as LLMs have matured and begun to see widespread commercial deployment. The company closed $124 million in a Series B in 2024 . Then, in November, Rebellions raised an additional $250 million during its Series C. As of today, the company's total fundraising haul now stands at $850 million — $650 million of which was raised in the last six months. Meanwhile, the startup's valuation sits
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