AI chipmaker Rebellions raises $22.8 million in Series A extension
AI chipmaker based in South Korea, Rebellions, has raised an extension of its Series A round at $22.8 million from KT, a South Korea-based telecom company. * The fund will be invested in the mass production of its second AI chip prototype, ATOM, usable by companies in cloud servers and
AI chipmaker based in South Korea, Rebellions, has raised an extension of its Series A round at $22.8 million from KT, a South Korea-based telecom company.
- The fund will be invested in the mass production of its second AI chip prototype, ATOM, usable by companies in cloud servers and data centre sectors.
- The investment is based on KT's commitment to making NPU (Neural Processing Unit) for companies such as data centres, self-driving car makers, and financial trading.
- The chipmaking startup has now raised $102.8 million since its launch in 2020.
- Pavilion Capital, Korean Development Bank, SV Investment, Mirae Asset Capital, KT Investment, and Kakao Ventures participated in the Series A round.
