Riyadh - Mubasher: South Korea-based Rebellions has raised $250 million in a Series C round at a $1.40 billion valuation, according to a press release.
The transaction is backed by Arm, Samsung Ventures, Pegatron VC, Korea Development Bank, Korelya Capital, and Lion X Ventures.
The investment will speed its REBEL-Quad production and expand the chiplet-based product roadmap, according to a press release.
It will also help Rebellions scale its energy-efficient inference chips designed for large AI models.
Sungkyue Shin, CFO of Rebellions, said: “As AI inference workloads continue to rise, the demand for AI chips is expanding significantly. This investment marks an important milestone in Rebellions’ journey from Korea’s national AI chip champion into Asia-Pacific’s leading AI chip startup.”
In 2024, Aramco-backed Wa’ed Ventures led a $15 million Series B extension, helping Rebellions enter Saudi Arabia’s AI infrastructure market.
Since then, the company has launched a Riyadh subsidiary and deployed its ATOM™ chips across Saudi Arabia, Japan, and the US.
