Fresh off a successful Series C funding round in November, the South Korean fabless AI chip startup Rebellions has raised an additional $400 million.
The latest funding infusion, which comes before a planned IPO later this year, was led by the Mirae Asset Financial Group and the Korea National Growth Fund. It also comes at the same time that the company is engaging in an aggressive expansion effort — with recently announced plans to grow its presence not only in Asia but also in the Middle East and the U.S.