Upstage

Raised $122M in a Series C round, announced 15 April 2026.

Total raised
$122M

Latest round Series CCountry South KoreaSector AI

Round

$122MSeries C, 15 April 2026

First close of its Series C lifts valuation above 1 trillion won, making it Korea's first generative AI unicorn.

Amount
$122M
Stage
Series C
Announced
15 April 2026
Lead
Sazze Partners
Other investors
Hyundai Motor, Kia, Axiom Asia, Mirae Asset Venture Investment
Use of funds
First close of its Series C lifts valuation above 1 trillion won, making it Korea's first generative AI unicorn.
Checked
Amount and date checked against the press source
Source
Upstage raises KRW 180B Series C first close, becomes unicorn venturesquare.net
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Company

Builds Solar large language models and document AI for enterprises

Based in
Yongin, South Korea
Sector
AI
Website
upstage.ai ↗

Links

Website
upstage.ai ↗

Questions

How much has Upstage raised?

Upstage raised $122M in a Series C round, announced on 15 April 2026.

Who invested in Upstage?

Sazze Partners led. Investors include Sazze Partners, Hyundai Motor, Kia, Axiom Asia and Mirae Asset Venture Investment.