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

According to Odaily, South Korean AI chip companies Rebellions, FuriosaAI, and DeepX have adjusted their IPO-related plans. Rebellions has rescheduled its KOSPI listing to the first half of next year, FuriosaAI is targeting the second half of 2028, and DeepX aims for 2027-2028.

The three companies are respectively advancing Pre-IPO and Series D funding rounds. Based on valuation assessments, Rebellions is valued at 3.4 trillion KRW, FuriosaAI at approximately 3 trillion KRW, and DeepX at around 2.85 trillion KRW.

The three companies recorded revenues of approximately 32 billion KRW, 5.7 billion KRW, and 3.3 billion KRW respectively last year. Their mass production and customer orders include Rebellions' Rebel 100, Renegade, and other next-generation chips.