Artificial intelligence (AI) semiconductor startup Rebellions announced on the 31st that it has completed a pre-IPO (pre-listing fundraising) round totaling KRW 640 billion. Including this latest round, Rebellions’ cumulative funding has reached approximately KRW 1.3 trillion. Through this pre-IPO, Rebellions’ corporate value was assessed at around KRW 3.4 trillion.
The National Growth Fund, created by the government, participated in this investment. The National Growth Fund is a policy finance vehicle established to foster strategic industries such as AI and semiconductors, and Rebellions was selected as its first direct investment target. The National Growth Fund invested KRW 250 billion, and the Korea Development Bank invested KRW 50 billion. In addition, Mirae Asset Group participated as an anchor investor, drawing in private capital as well.
Founded in 2020, Rebellions has expanded its business mainly in the field of AI inference semiconductors (NPUs). According to the company, its 2025 revenue increased by about tenfold compared with 2023, and its organization has grown to around 300 employees within five years of its establishment. Rebellions has been evaluated as Korea’s first AI semiconductor unicorn (startup with a valuation of at least KRW 1 trillion) within five years of its founding.
Based on the funds raised in this round, Rebellions plans to accelerate talent acquisition and entry into global markets. Rebellions CEO Park Sung-hyun said, “We will prove the competitiveness of Korean semiconductors in the global AI infrastructure market.”
Lee Min-ah 기자
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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