FuriosaAI (Series C)
Funding Details
Awarder
SemiNews
Date Award
July 30, 2025
Vertical
AI Hardware
Funding Amount
$125,000,000
Company Info
Traction
FuriosaAI has secured a significant design win with LG AI Research, which has adopted the RNGD chip for its EXAONE foundation models, validating the chip's performance and energy efficiency.
Organizations Involved
LG AI Research
Market
Enterprise AI
Location
South Korea
Coinvestors
Korea Development Bank, Industrial Bank of Korea, Keistone Partners, PI Partners, Kakao Investment
Company Description

FuriosaAI is focused on making AI computing sustainable by providing an alternative to power-hungry GPUs through its innovative Tensor Contraction Processor chip architecture, which delivers high performance and power efficiency for AI applications.

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