South Korean AI Chip Firm Rebellions Raises $400M in Pre-IPO Funding, Valued at $2.34B

South Korean AI chip company Rebellions recently closed a $400 million pre-IPO funding round, with a valuation of approximately $2.34 billion. This capital will support its upcoming development plans.

Last September, Rebellions raised $250 million in a Series C round, with a valuation of $1.4 billion at that time. The total amount of these two recent rounds accounts for over 75% of the company's total capital to date.

Next, Rebellions will focus on expanding into the U.S. market, scaling production of the Rebel100NPU platform, and preparing for its IPO. Additionally, the company has launched RebelRack (a production-ready inference computing unit) and RebelPOD (a scalable cluster for large-scale AI deployments).