XCENA (Series B)
Funding Details
Awarder
SemiNews
Date Award
July 27, 2026
Vertical
Computational Memory Solutions
Valuation
$570,000,000
Funding Amount
$135,000,000
Company Info
Traction
Total fundraising now stands at $185 million with a current valuation of $570 million. The MX1 product is currently being explored with select partners to validate real-world performance gains and system-level efficiency improvements across high-demand compute workloads.
Founders
Jin Kim
Market
AI Infrastructure
Location
Seongnam-si, Gyeonggi-do, South Korea
Coinvestors
Atinum Investment, IMM Investment, SBI Investment, Mirae Asset Capital, Mirae Asset Venture Investments, STIC Ventures, Wonik Investment Partners, SV Investment, LB Investment, Corstone Asia, Kiwoom Investment, DSC Investment, Shinhan Venture Investment, Korea Development Bank, KDB Capital, Premier Partners, Kolon Investment, Company K Partners, K2 Investment Partners, Partners Investment, Kyobo Securities, Kyobo Life
Company Description

XCENA provides memory-centric computing solutions for AI infrastructure, focusing on the development of its MX1 computational memory product to enhance performance and efficiency in advanced computing environments.

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