Korean AI chip startup building data-center inference accelerators
FuriosaAI develops the RNGD (Renegade) NPU optimized for large language model inference. Reportedly turned down a $800M acquisition offer from Meta in 2025 to remain independent. Key non-NVIDIA inference accelerator option for Korean and Japanese hyperscalers.
AI📍 Seoul, South KoreaFounded 2017
Current Valuation
$800M
as of 2025-Q2
PRIVATE
QL Price
$800M
0% vs last round
QuantLogix's current estimate for FuriosaAI, published 2026-10-07 — in line with the last disclosed round of $800M (2025-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$800M
2025-Q2
weight 0.41
How this price has held up
No round has priced for FuriosaAI since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, FuriosaAI, 2026-10-07 (91bb2a62d731cc12).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookrumored
Is FuriosaAI going public in 2027?
An IPO is rumored for 2027, with nothing filed. FuriosaAI remains private and the date is not the company's.
What is FuriosaAI's valuation in 2026?
FuriosaAI is valued at $800M as of 2025-Q2, set by its Series C ($100M, Apr 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has FuriosaAI filed an S-1?
No public S-1 is on file for FuriosaAI as of 10/07/2026; the IPO is rumored.
Who are FuriosaAI's investors?
FuriosaAI's investors include DSC Investment, Naver, Kakao, Bloom Investments, Korea Development Bank.
How much has FuriosaAI raised?
FuriosaAI has raised $250M in total, most recently a Series C of $100M in Apr 2025.
Is FuriosaAI publicly traded — can you buy FuriosaAI stock?
No. FuriosaAI is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for FuriosaAI on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
June Paik
Founded
2017
HQ
Seoul, South Korea
Employees
~120
Total Raised
$250M
Last Round
Series C — $100M (Apr 2025) · Lead: DSC Investment
IPO Status
rumored
Fundraising Status
Series C · $100M · 1y 6mo ago
rumoredTotal raised $250M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series C
$100M
Apr 2025
DSC Investment
—
Vertical Intelligence — AI / ML
Open models
52
verified organization
Downloads (30d)
121,359
across all models
Followers
175
Top model
EXAONE-4.0-32B-FP8
11,391 downloads / 30d
Attributed to Hugging Face organization "FuriosaAI" as of 2026-10-04. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗
Talent Signal
Hiring trend
▼ Hiring downtrend
-23% vs 2026-08
Open roles
46
via greenhouse
Product-build share
72%
engineering, research, product, design
Trajectory
tightening
heavy product build — 72% of open roles are product-building functions (engineering/research/product) — 17 of 46 open roles are engineering.
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Algorithm - AI Research EngineerAlgorithm - AI Research Engineer InternAlgorithm - AI System EngineerAlgorithm - AI System ResearcherHardware - AI Chip ArchitectHardware - Design Verification Engineer
Counted from FuriosaAI's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
June Paik
Investors
DSC Investment · Naver · Kakao · Bloom Investments · Korea Development Bank
Products
Warboy (1st-gen NPU)
RNGD (2nd-gen LLM accelerator)
Competitors
NVIDIA · Groq · Cerebras · Tenstorrent · Etched
AIHardwareInferenceKorea
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.