Rebellions valuation, funding and investors
Rebellions works in AI hardware manufacturing, based in Seongnam-si, South Korea. Founded in 2020, it has about 319 employees.
- Last round
- Growth · $400M · Mar 2026
- Valuation at last round
- $2.34B
- Headcount
- 318 · growing
- Grade
- A
- Founded
- 2020
Rebellions valuation today
VCMC values Rebellions at $2.6B today, with a range of $2.0B to $3.2B and a grade of A. The valuation starts from its last funding round, a growth round in Mar 2026.
Valuation by date (86 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $6.47M | $2.35M – $17.8M | $7.20M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $6.53M | $2.38M – $17.9M | $7.27M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $6.58M | $2.40M – $18.1M | $7.33M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $6.64M | $2.42M – $18.2M | $7.40M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $6.70M | $2.44M – $18.4M | $7.46M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $6.76M | $2.46M – $18.6M | $7.53M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $6.82M | $2.48M – $18.7M | $7.60M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $6.89M | $2.51M – $18.9M | $7.67M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $6.95M | $2.53M – $19.1M | $7.74M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $7.01M | $2.55M – $19.3M | $7.81M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $7.08M | $2.58M – $19.4M | $7.88M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $7.14M | $2.60M – $19.6M | $7.95M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $7.20M | $2.62M – $19.8M | $8.02M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $7.27M | $2.65M – $20.0M | $8.08M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $7.33M | $2.67M – $20.1M | $8.14M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $7.40M | $2.69M – $20.3M | $8.20M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $7.46M | $2.72M – $20.5M | $8.26M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $7.53M | $2.74M – $20.7M | $8.32M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $7.60M | $2.77M – $20.9M | $8.38M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $7.67M | $2.79M – $21.1M | $8.44M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $7.74M | $2.82M – $21.3M | $8.51M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $7.81M | $2.84M – $21.4M | $8.57M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $7.88M | $2.87M – $21.6M | $8.63M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $7.95M | $2.89M – $21.8M | $8.69M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2022 | $8.02M | $2.92M – $22.0M | $8.76M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $8.63M | $3.14M – $23.7M | $9.42M (+9%) | before first round | 24 | unknown | D | 0% |
| 1 Mar 2022 | $8.69M | $3.16M – $23.9M | $9.49M (+9%) | before first round | 24 | unknown | D | 0% |
| 1 Apr 2022 | $8.75M | $3.19M – $24.0M | $9.56M (+9%) | before first round | 24 | unknown | D | 0% |
| 1 May 2022 | $8.81M | $3.21M – $24.2M | $9.63M (+9%) | before first round | 24 | unknown | D | 0% |
| 1 Jun 2022 | $8.88M | $3.23M – $24.4M | $9.70M (+9%) | before first round | 24 | unknown | D | 0% |
| 3 Jun 2022 | $242M | $159M – $662M | $435M (+80%) | after a round | 24 | unknown | C | 0% |
| 1 Jul 2022 | $253M | $159M – $662M | $435M (+72%) | after a round | 24 | unknown | C | 0% |
| 1 Aug 2022 | $266M | $159M – $662M | $435M (+63%) | after a round | 24 | unknown | C | 0% |
| 1 Sep 2022 | $280M | $159M – $662M | $435M (+55%) | after a round | 24 | unknown | C | 0% |
| 1 Oct 2022 | $293M | $159M – $662M | $435M (+48%) | after a round | 24 | unknown | C | 0% |
| 1 Nov 2022 | $308M | $159M – $662M | $435M (+41%) | after a round | 24 | unknown | C | 0% |
| 1 Dec 2022 | $324M | $159M – $662M | $435M (+34%) | after a round | 24 | unknown | C | 0% |
| 1 Jan 2023 | $340M | $159M – $662M | $435M (+28%) | after a round | 24 | unknown | C | 0% |
| 1 Feb 2023 | $358M | $159M – $662M | $435M (+22%) | after a round | 24 | unknown | C | 0% |
| 1 Mar 2023 | $374M | $159M – $662M | $435M (+16%) | after a round | 24 | unknown | C | 0% |
| 1 Apr 2023 | $450M | $187M – $778M | $511M (+14%) | after a round | 50 | growing | C | 0% |
| 1 May 2023 | $478M | $187M – $778M | $511M (+7%) | after a round | 50 | growing | C | 0% |
| 1 Jun 2023 | $510M | $187M – $778M | $511M (0%) | after a round | 50 | growing | C | 0% |
| 1 Jul 2023 | $511M | $189M – $778M | $511M (0%) | after a round | 50 | growing | C | 0% |
| 1 Aug 2023 | $511M | $192M – $778M | $511M (0%) | after a round | 50 | growing | C | 0% |
| 1 Sep 2023 | $511M | $161M – $778M | $511M (0%) | after a round | 50 | unknown | C | 0% |
| 1 Oct 2023 | $511M | $153M – $778M | $511M (0%) | after a round | 50 | unknown | C | 0% |
| 1 Nov 2023 | $511M | $145M – $778M | $511M (0%) | after a round | 50 | unknown | C | 0% |
| 1 Dec 2023 | $511M | $138M – $778M | $511M (0%) | after a round | 50 | unknown | C | 0% |
| 1 Jan 2024 | $511M | $132M – $778M | $511M (0%) | after a round | 50 | unknown | C | 0% |
| 31 Jan 2024 | $651M | $565M – $1.1B | $975M (+50%) | after a round | 50 | unknown | B | 0% |
| 1 Feb 2024 | $651M | $565M – $1.1B | $975M (+50%) | after a round | 50 | unknown | B | 0% |
| 1 Mar 2024 | $673M | $565M – $1.1B | $975M (+45%) | after a round | 50 | unknown | B | 0% |
| 1 Apr 2024 | $696M | $565M – $1.1B | $975M (+40%) | after a round | 50 | unknown | B | 0% |
| 1 May 2024 | $720M | $565M – $1.1B | $975M (+35%) | after a round | 50 | unknown | B | 0% |
| 1 Jun 2024 | $745M | $565M – $1.1B | $975M (+31%) | after a round | 50 | unknown | B | 0% |
| 1 Jul 2024 | $770M | $565M – $1.1B | $975M (+27%) | after a round | 110 | growing | B | 0% |
| 1 Aug 2024 | $797M | $565M – $1.1B | $975M (+22%) | after a round | 110 | growing | B | 0% |
| 1 Sep 2024 | $825M | $565M – $1.1B | $975M (+18%) | after a round | 110 | growing | B | 0% |
| 1 Oct 2024 | $853M | $565M – $1.1B | $975M (+14%) | after a round | 110 | growing | B | 0% |
| 1 Nov 2024 | $883M | $565M – $1.1B | $975M (+10%) | after a round | 110 | flat | B | 0% |
| 1 Dec 2024 | $913M | $565M – $1.1B | $975M (+7%) | after a round | 110 | flat | B | 0% |
| 1 Jan 2025 | $945M | $565M – $1.1B | $975M (+3%) | after a round | 110 | flat | B | 0% |
| 1 Feb 2025 | $975M | $563M – $1.1B | $975M (0%) | after a round | 110 | flat | B | 0% |
| 1 Mar 2025 | $975M | $541M – $1.1B | $975M (0%) | after a round | 110 | flat | B | 0% |
| 1 Apr 2025 | $975M | $517M – $1.1B | $975M (0%) | after a round | 110 | flat | B | 0% |
| 1 May 2025 | $975M | $496M – $1.1B | $975M (0%) | after a round | 110 | flat | B | 0% |
| 1 Jun 2025 | $975M | $474M – $1.1B | $975M (0%) | after a round | 110 | flat | B | 0% |
| 1 Jul 2025 | $975M | $454M – $1.1B | $975M (0%) | after a round | 110 | flat | B | 0% |
| 1 Aug 2025 | $1.1B | $638M – $1.2B | $1.1B (0%) | after a round | 172 | growing | B | 0% |
| 1 Sep 2025 | $1.1B | $651M – $1.2B | $1.1B (0%) | after a round | 172 | growing | B | 0% |
| 1 Oct 2025 | $1.4B | $1.2B – $2.1B | $1.8B (+30%) | after a round | 187 | growing | A | 0% |
| 1 Nov 2025 | $1.4B | $1.2B – $2.1B | $1.8B (+29%) | after a round | 200 | growing | A | 0% |
| 1 Dec 2025 | $1.5B | $1.2B – $2.1B | $1.8B (+26%) | after a round | 200 | growing | A | 0% |
| 1 Jan 2026 | $1.5B | $1.2B – $2.1B | $1.8B (+23%) | after a round | 200 | growing | A | 0% |
| 1 Feb 2026 | $1.5B | $1.2B – $2.1B | $1.8B (+20%) | after a round | 200 | growing | A | 0% |
| 1 Mar 2026 | $1.6B | $1.2B – $2.2B | $1.9B (+19%) | after a round | 226 | growing | A | 0% |
| 31 Mar 2026 | $2.3B | $2.0B – $3.0B | $2.6B (+10%) | after a round | 226 | growing | A | 0% |
| 1 Apr 2026 | $2.3B | $2.0B – $3.0B | $2.6B (+10%) | after a round | 226 | growing | A | 0% |
| 1 May 2026 | $2.4B | $2.0B – $3.2B | $2.7B (+16%) | after a round | 304 | growing | A | 0% |
| 1 Jun 2026 | $2.4B | $2.0B – $3.2B | $2.7B (+14%) | after a round | 304 | growing | A | 0% |
| 1 Jul 2026 | $2.4B | $2.0B – $3.2B | $2.7B (+13%) | after a round | 304 | growing | A | 0% |
| 1 Aug 2026 | $2.5B | $2.0B – $3.2B | $2.8B (+12%) | after a round | 313 | growing | A | 0% |
| 1 Sep 2026 | $2.5B | $2.0B – $3.2B | $2.8B (+10%) | after a round | 313 | growing | A | 0% |
| 1 Oct 2026 | $2.6B | $2.0B – $3.2B | $2.8B (+9%) | after a round | 318 | growing | A | 0% |
| 24 Oct 2026 | $2.6B | $2.0B – $3.2B | $2.8B (+8%) | after a round | 318 | growing | A | 0% |
Key facts about Rebellions
- Founded
- 2020
- Headquarters
- Seongnam-si, South Korea
- Employees
- about 319 +70% in a year
- Total raised
- $825M
- Funding rounds
- 5
- Last round
- Pre-IPO Mar 2026
Rebellions was founded in 2020 by Kim Hyo-eun and Shin Sung-ho.
Rebellions funding history
Rebellions has 5 funding rounds on record, from Jun 2022 to Mar 2026, $825M in total. The latest disclosed valuation is $2.34B post-money (Pre-IPO, Mar 2026).
Pre-IPO 30 Mar 2026
Led by Mirae Asset Financial Group, Korea National Growth Fund.
Sources: rebellions.ai, techcrunch.com, prnewswire.com and 2 more
$400M
$2.34B post-money
Series C 30 Sep 2025
Led by Arm, Samsung Venture Investment; with Korea Development Bank, Pegatron VC, Korelya Capital, Lion X Ventures.
Sources: rebellions.ai, pulse2.com, fwdstart.me
$250M
$1.40B post-money
Other 22 Jul 2024no round page
With Aramco CVC, Wa’ed Ventures.
Sources: thebridge.jp, en.startuprecipe.co.kr, en.wowtale.net
$1.4M
Series B 30 Jan 2024
Led by KT Corp; with Shinhan Venture Investment, Pavilion Capital, Korelya Capital, DG Daiwa Ventures, Korea Development Bank, Noh & Partners, KB Securities, KB Investment, SV INVESTMENT, Mirae Asset Venture Investment, Mirae Asset Capital, IMM Investment, KT Investment, Seoul Techno Holdings, Oasis PE, Gyeongnam Venture Investment, SDB Investment, KDB(Korea Development Bank).
Sources: semiengineering.com, rebellions.ai, eenewseurope.com and 3 more
$124M
$650M post-money
Series A 2 Jun 2022
With Temasek’s Pavilion Capital, Korean Development Bank, SV INVESTMENT, Mirae Asset Capital, Mirae Asset Venture Investments, IMM Investment, KB Investment, KT Investment, Kakao Ventures, GU Equity Partners, Seoul Techno Holdings.
Sources: techcrunch.com, kedglobal.com
$50M
Rebellions investors
32 investors have backed Rebellions; Arm, Korea National Growth Fund and KT Corp and 2 more led at least one round.
- Arm lead
- Korea National Growth Fund lead
- KT Corp lead
- Mirae Asset Financial Group lead
- Samsung Venture Investment lead
- Korea Development Bank 2 rounds
- Mirae Asset Capital 2 rounds
- Seoul Techno Holdings 2 rounds
- Aramco CVC
- GU Equity Partners
- Gyeongnam Venture Investment
- KB Securities
- KDB(Korea Development Bank)
- Korean Development Bank
- Lion X Ventures
- Mirae Asset Venture Investment
- Mirae Asset Venture Investments
- Noh & Partners
- Oasis PE
- Pavilion Capital
- Pegatron VC
- SDB Investment
- Shinhan Venture Investment
- Temasek’s Pavilion Capital
- Wa’ed Ventures
What Rebellions does
Rebellions works in device manufacturing, with 14 recorded offerings and customers in AI, cloud computing, data centers and telecommunications.
Rebellions Inc. is a South Korean semiconductor company engaged in the development and design of artificial intelligence chips and hardware for data centers. The company provides AI accelerators, including cards, servers, and rack-scale solutions, and offers proprietary software for AI inference. Rebellions also operates as a fabless semiconductor company, supporting design, production, certification, and distribution of its products. The company serves both sovereign and commercial sectors, with subsidiaries in Saudi Arabia and Japan, and has merged with SK Sapeon to enhance its supply chain capabilities.
Description from Veridion's company data.
Products and services
- AI Hardware Manufacturing
- AI Accelerator Card Manufacturing
- AI Server Manufacturing
- Rack-Scale AI System Manufacturing
- AI Hardware Design and Engineering
- AI Hardware Certification Services
- AI Hardware Distribution
- AI Software Development
- Unified Inference Stack Development
- PyTorch-Inferencing Engine Development
- Distributed Inference Library Development
- Precision Control Algorithm Development
- Energy-Efficient AI Solution Development
- Scalable AI Infrastructure Solution Development
Markets
- AI
- Cloud Computing
- Data Centers
- Telecommunications
Technology
- Dataflow Architecture Optimized for High-Bandwidth Memory (HBM)
- Chiplet Design
- AI Accelerator Design for High-Bandwidth Memory (HBM)
- Distributed Inference via Collective Communication Library
Business model
- Business-to-Business
- Manufacturing
- Enterprise
Industry codes (NAICS)
- 334111 Electronic Computer Manufacturing 50% match
- 513210 Software Publishers 30% match
- 423690 Other Electronic Parts and Equipment Merchant Wholesalers 20% match
Questions about Rebellions
What is Rebellions worth?
Valuation $2.6B (range $2.0B to $3.2B), as of 24 Oct 2026. The last disclosed valuation was $2.34B (Pre-IPO, Mar 2026).
Has Rebellions raised money?
Rebellions has 5 funding rounds on record, from Jun 2022 to Mar 2026, $825M in total. The latest disclosed valuation is $2.34B post-money (Pre-IPO, Mar 2026).
Who has invested in Rebellions?
Arm, Korea National Growth Fund, KT Corp, Mirae Asset Financial Group, Samsung Venture Investment and IMM Investment, and 26 more. Lead investors include Arm, Korea National Growth Fund, KT Corp and Mirae Asset Financial Group.
How many people work at Rebellions?
About 319, up 70% over the last year. Headcount grew from 24 in Feb 2022 to 318 in Sep 2026.
What does Rebellions do?
Rebellions works in device manufacturing, with 14 recorded offerings and customers in AI, cloud computing, data centers and telecommunications. Its main offerings are AI hardware manufacturing, AI accelerator card manufacturing and AI server manufacturing.
When was Rebellions founded, and where is it based?
Rebellions was founded in 2020 and is based in Seongnam-si, South Korea. It has about 319 employees, up 70% over the last year.