# South Korean AI chip startup Rebellions has secured $400 million in new funding.

*semiconductor, genai · news · 2026-03-30 · The Economic Times*

## Key points

- Rebellions raised $400 million, bringing its valuation to approximately $2.34 billion.
- The Korea National Growth Fund invested 250 billion won as the first direct 'K-Nvidia' initiative funding.
- Rebellions has raised $650 million in the past six months, over 75% of its total funding.
- The company will scale up production of its Rebel100 platform while expanding into the U.S. market.
- This funding round is seen as a strategic step toward a future Rebellions IPO.

Synopsis South Korean AI chip startup Rebellions has secured $400 million in new funding. This investment values the company at approximately $2.34 billion. Rebellions is now focused on expanding its presence in the United States. The company will also scale up production of its Rebel100 platform. This funding marks a significant step towards a future IPO. 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. Having raised $650 million in the past six months, accounting for more than 75% of its total funding to date, Rebellions said it was entering a new phase of growth, focused on expanding in the U.S., ⁠scaling up ‌production of its Rebel100 platform, and preparing for a future IPO. Rebellions, founded in 2020, designs neural processing units (NPUs) ⁠for AI inference. It said demand for efficient AI infrastructure was rising rapidly across cloud providers, telecom operators and government-backed initiatives, particularly in the U.S. The state-led Korea National Growth Fund provided 250 billion won ($165.45 million) in the latest round, the first direct investment by the government under its "K-Nvidia" initiative. The "K-Nvidia" project, jointly led by the Financial Services Commission ‌and the Ministry of Science and ICT, aims to nurture a globally competitive chip company amid intensifying ​competition in ​the sector, which ⁠is dominated by U.S. firms such as Nvidia. The funding round underscores the growing investor interest in companies developing alternatives to dominant AI chipmakers, ​as demand for cost-efficient and deployable AI systems increases globally. Rebellions' investors include Aramco's Wa'ed Ventures, Arm, KT, Samsung, SK Hynix and SK Telecom. It is headquartered in South Korea and operates in the United States. Mirae Asset's investments also include SpaceX. ($1 = 1,511.0000 won) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Subscribe Now

**Companies:** Nvidia, Samsung, SK Hynix, Rebellions, Mirae Asset Financial Group, KT, SK Telecom
**Countries:** South Korea, United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/funding/south-koreas-ai-chip-startup-rebellions-raises-400-million-in-latest-funding-round/articleshow/129902424.cms)

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