Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025

BloombergOct 28, 4:45 PM PT

Context: South Korea's National Growth Fund contributed $280M of the round.

From Bloomberg: Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M — South Korean AI chip startup FuriosaAI quadrupled its valuation to $2.9 billion in a fresh funding round, bolstering its bid to challenge…

FuriosaAI · Series D · $620M · with South Korea's National Growth FundAs stated by Bloomberg.

Source

Bloomberg (bloomberg.com)

Published

Oct 28, 4:45 PM PT

First seen here

Oct 28, 7:56 PM PT

Edition

Wednesday, October 28, 2026, ranked 4

Status

A publication reported this; the company may not have confirmed it.

Why it’s here

Large chip round that quadrupled the valuation in a year.

Topics

AI, Chips