Rebellions, a South Korean semiconductor startup, raised $250 million at a valuation of $1.4 billion to help build its latest AI chip offering, called the Rebel-Quad.
Arm, the chip designer backed by Japanese billionaire Masayoshi Son’s SoftBank, invested in Rebellions for the first time. It’s also Arm’s first investment in an Asian startup.
Samsung Ventures, Pegatron VC, Korea Development Bank, Korelya Capital and Lion X Ventures, a Southeast Asian venture capital firm backed by Singapore’s OCBC Bank, also participated in the Series C fundraising round
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