Korean chipmaker FuriosaAI raised $620 million at a $2.9 billion valuation, while reporting benchmark results for its RNGD processor.
- Amount
- $620M
- Announced
- 29 October 2026
- Investors
- National Growth Fund of Korea, Infinitum, Jericho Capital, QUDA Capital, Cisco Investments, NeoFort Holding, Worldline Capital, NAVER Ventures
- Use of funds
- Scale production of RNGD inference chips and develop a third-generation chip
- Valuation
- $2.9B
- Checked
- Amount and date checked against the press source