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Three South Korean AI chip unicorns adjust their IPO plans, with a combined valuation of approximately 9.25 trillion KRW

Three South Korean AI chip unicorns adjust their IPO plans, with a combined valuation of approximately 9.25 trillion KRW

Odaily星球日报Odaily星球日报2026/07/28 07:13
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Odaily reports that South Korean AI chip companies Rebellions, FuriosaAI, and DeepX have adjusted their IPO-related plans. Rebellions has postponed its Korea Composite Stock Price Index listing to the first half of next year, FuriosaAI is planning to pursue an IPO in the second half of 2028, and DeepX has set a target between 2027 and 2028.

The three companies are separately advancing Pre-IPO and Series D financing rounds. Based on valuations, Rebellions is valued at 3.4 trillion KRW (approximately 3.4 trillion Korean won), FuriosaAI at about 3 trillion KRW, and DeepX at about 2.85 trillion KRW.

Last year, the respective revenues of the three companies were approximately 32 billion KRW, 5.7 billion KRW, and 3.3 billion KRW. Related mass production and client orders include next-generation chips such as Rebellions' Rebel 100 and Renegade.

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