Funding round
Rebellions Growth
Reported as "Pre-IPO"
Rebellions, which works in AI hardware manufacturing in Seongnam-si, raised $400M in a Growth round announced on 30 Mar 2026, led by Mirae Asset Financial Group and Korea National Growth Fund, at a $2.34B post-money valuation. 2 firms took part. It is Rebellions' fourth venture round on record; the one before was a Series C in Sep 2025.
$400M
Amount raised
$2.34B
Post-money valuation
2
Investors
2 leads
1.7x
Step-up from the Series C
$1.40B in Sep 2025
17%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Rebellions at $2.34B after the new money, 1.7 times the $1.40B of its Series C (Sep 2025). The $400M bought investors about 17% of the company. It came 6 months after Rebellions' Series C. It is 49% of the $824M Rebellions has raised in the venture rounds on record. No later venture round is on record for Rebellions.
Rebellions' funding rounds
Rebellions has 4 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 2 Jun 2022 $50M
- Series B 30 Jan 2024, led by KT Corp $124M$650M post-money
- Other not a venture round 22 Jul 2024 $1.4M
- Series C 30 Sep 2025, led by Arm and Samsung Venture Investment $250M$1.40B post-money
- Growth this round 30 Mar 2026, led by Mirae Asset Financial Group and Korea National Growth Fund $400M$2.34B post-money
Investors
Who put money in
Mirae Asset Financial Group and Korea National Growth Fund led the round.
Lead investors
- Mirae Asset Financial Group new investor
- Korea National Growth Fund new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
5 Growth rounds in Device Manufacturing within a year either side disclosed an amount; the median was $158M, and this round was 2.5 times the median. The closest in time, other companies' Growth rounds in Device Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Device Manufacturing | 27 Jan 2026 | $11M | not disclosed | not named |
| Atom Computing Device Manufacturing | 16 Jun 2026 | $300M | not disclosed | not named |
| Device Manufacturing | 13 Nov 2025 | $158M | not disclosed | FII HOLDINGS USA INC. |
| Device Manufacturing | 15 Oct 2026 | $100M | $700M | not named |
| Device Manufacturing | 30 Jul 2025 | $300M | $5.00B | Blackstone |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Rebellions raise in its Growth round?
Rebellions raised $400M in its Growth round, announced in Mar 2026.
Who led Rebellions' Growth round?
Mirae Asset Financial Group and Korea National Growth Fund led it.
What was Rebellions' valuation at the Growth round?
$2.34B post-money.
How does it compare with other Growth rounds in Device Manufacturing?
5 Growth rounds in Device Manufacturing within a year either side disclosed an amount; the median was $158M, and this round was 2.5 times the median.