South Korean chip startup FuriosaAI raised $620m at a post-money valuation of approximately $2.9bn, with the funds to accelerate development of its third-generation AI inference chip. Translation: 한국 반도체 스타트업 FuriosaAI가 약 $2.9bn의 사후 기업가치로 $620m를 조달했으며, 이번 자금은 3세대 AI 추론 칩 개발을 가속하는 데 사용될 예정이다.

FuriosaAI has raised $620 million in a Series D funding round, giving the South Korean chip startup a post-money valuation of approximately $2.9 billion. South Korea's National Growth Fund was the largest investor, contributing $280 million. International investors, including QUDA Capital Partners, Cisco Investments, NeoFort Holding, Jericho Capital, and Worldline Capital, contributed a combined $110 million.

The company said the funds will be used to expand production of its RNGD chips, strengthen its software ecosystem, and accelerate development of its third-generation AI inference accelerator. In May 2026, FuriosaAI announced a partnership with Broadcom to develop that third-generation accelerator, which is designed to support high-bandwidth, rack-scale networking across large AI compute clusters.

FuriosaAI expects to produce 20,000 RNGD accelerators in 2026 and plans to more than double output to over 40,000 units in 2027 to meet growing customer demand.

"This Series D financing marks an important milestone for FuriosaAI and reflects the confidence of investors around the world in our technology and ability to execute," said June Paik, co-founder and CEO of FuriosaAI. "We are particularly encouraged by the participation of investors with deep expertise and experience in the global AI semiconductor and infrastructure industries."

Paik added: "We are entering a new phase of bringing our technology to the global AI infrastructure market at scale. By accelerating the commercialization of RNGD and advancing the development of Gen 3, we aim to help shape the next generation of AI infrastructure."

Founded in 2017 and headquartered in Seoul, FuriosaAI has raised approximately $115 million across four funding rounds to support development of its RNGD chip. Its 180W, PCIe-based RNGD accelerators are currently in mass production and fabricated on TSMC's 5nm process node.

In March 2024, the startup turned down an $800 million acquisition offer from Meta, reportedly because it wants to grow as an independent company. In January 2026, it was reported that FuriosaAI was seeking to raise between $300 million and $500 million in a funding round ahead of its anticipated IPO.