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

Odaily Planet Daily News South Korean AI chip companies Rebellions, FuriosaAI, and DeepX have adjusted their IPO-related plans. Rebellions has postponed its listing on the Korea Composite Stock Price Index (KOSPI) to the first half of next year, FuriosaAI is targeting the second half of 2028, and DeepX is aiming for 2027 to 2028.

The three companies are currently progressing with Pre-IPO and Series D funding rounds. 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.