Three Korean AI chip unicorns adjust IPO plans, with combined valuation of approximately 9.25 trillion won
Odaily reported that South Korean AI chip companies Rebellions, FuriosaAI, and DeepX have adjusted their IPO-related plans. Rebellions has rescheduled its listing on the Korea Composite Stock Price Index (KOSPI) to the first half of next year, FuriosaAI is planning for the second half of 2028, and DeepX is targeting 2027 to 2028.
The three companies are currently pursuing Pre-IPO and Series D funding rounds respectively. Based on valuations, Rebellions is valued at 3.4 trillion won, FuriosaAI at approximately 3 trillion won, and DeepX at around 2.85 trillion won.
Last year, the three companies recorded revenues of approximately 32 billion won, 5.7 billion won, and 3.3 billion won respectively. Related mass production and customer orders include Rebellions' Rebel 100, Renegade and other next-generation chips.
