FuriosaAI raises a Series D, with two different figures for its size
FuriosaAI, the Korean maker of the RNGD chip, closed a on Thursday. Bloomberg reports $620 million at a $2.9 billion , about four times its last price. The Seoul Economic Daily, reporting the company's announcement, gives 820 billion won, about $570 million, at about 3.8 trillion won, roughly $2.6 billion. We show both; the company's won figures are the primary record.
South Korea's National Growth Fund is the largest investor, at 370 billion won, and Infinitum Partners, which co-led Groq's June round, took the largest overseas stake. RNGD entered mass production in January with LG AI Research and Samsung SDS among its users, and a third-generation chip is in development with Broadcom. The founder reportedly turned down an $800 million offer from Meta last year. SourcesB?
Sources
- BFuriosaAI raises 820 billion won at 3.8 trillion won valuation (Seoul Economic Daily)en.sedaily.com
- ?FuriosaAI quadruples valuation to $2.9 billion in Nvidia chase (Bloomberg)bloomberg.com
This story ran in the Morning Brief of October 29th 2026.