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FuriosaAI raises $620 million Series D at $2.9 billion valuation

Techmeme, citing Bloomberg, said Seoul-based AI chip startup FuriosaAI raised a $620 million Series D at a $2.9 billion valuation, with South Korea's National Growth Fund contributing $280 million.

Seoul-based AI chip startup FuriosaAI raised $620 million in a Series D round at a $2.9 billion valuation, according to a Techmeme summary of a Bloomberg report by Yoolim Lee1.

The valuation is up from $735 million in 2025, Techmeme said, citing Bloomberg1.

South Korea's National Growth Fund contributed $280 million to the round, according to the same summary1.

Techmeme did not publish the full Bloomberg article, and WhatsNewPaper could not independently read the original report behind a login wall1.

The round size, the National Growth Fund's stake, and the 2025 valuation comparison are the facts on the Techmeme record; other investor names, chip production plans, and customer details were not in that summary1.

Sources

  1. TechmemeSeoul-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 (Yoolim Lee/Bloomberg)