South Korea-based, Rebellions, an AI chipset manufacturer raised $124 million led by KT in a Series B round.
Shinhan Venture Investment and Temasek’s Pavilion Capital actively backed the round. The total amount raised by Rebellions crossed $200 million and became one of the most-funded semiconductor manufacturing startups in South Korea.
New investors DGDV and Koreyla Capital show interest in the Rebellion’s new semiconductor chipsets.
Rebellions AI $124M Series By KT
CEO Rebellions, Sunghyun Park said the funds raised will enable them to work on more powerful chipsets that will be used in AI integrations, R&D, and team expansion.
Rebellions is an AI chipset manufacturer that was used in LLM programs for Samsung Electronics. In the last Quarter Rebellions will increase ATOM chip production.
CFO Sungkyue Shin thanked all the investors and assured them to make all of them proud with their chipset advancement.
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