South Korea’s AI chip startup Rebellions raises $400 million in latest funding round

SEOUL: South Korean artificial intelligence chip startup Rebellions said on Monday it had raised $400 million in its latest funding round, valuing the company at about $2.34 billion as it accelerates expansion into the U.S.

The round, led by Mirae Asset Financial Group and the Korea National Growth Fund, ‌follows a $250 ⁠million Series ⁠C in September 2025 and brings the company’s total capital raised to $850 million, Rebellions said in a statement.