Arm Joins $250 Million Funding Round Of Korean AI Chip Startup Rebellions

Arm Joins $250 Million Funding Round Of Korean AI Chip Startup Rebellions

Arm, the chip designer backed by SoftBank, invests in Rebellions for the first time. It’s also Arm’s first investment in an Asian startup.

South Korean chipmaker Rebellions raises $250m backed by Arm, Samsung

South Korea’s AI chipmaker Rebellions has raised $250m in a Series C round, taking the 2020-found company to a $1.4bn valuation.

South Korea's Rebellions raises US$250M from Arm and Samsung, valued at US$1.4B

South Korean AI semiconductor startup Rebellions has raised US$250 million in a Series C round, backed by Arm Holdings Plc, Samsung Ventures, and Pegatron's VC arm, accelerating its push to mass-produce energy-efficient AI chips and expand internationally. The round values the five-year-old company at US$1.4 billion, according to a company statement.

AI Chip Startup Rebellions Gets Funds at $1.4 Billion Valuation

Rebellions Inc. raised $250 million from investors including Arm Holdings Plc to mass produce its chip and speed up product development in a competitive AI market.

Rebellions raises $250M from Arm, Samsung

South Korea start-up Rebellions lined up investments from Arm and Samsung to raise $250 million in a Series C fundraising round, valuing the chipmaker at $1.4 billion. In a statement, Rebellions noted the financing “marked a significant milestone” to drive innovation for next-generation AI data centre infrastructure, bringing in Arm, Samsung Ventures, Pegatron’s venture unit and Lion X Ventures as new investors. Existing investors, such as the K…