Industry
FuriosaAI raises 820 billion won in funding, valued at 3.8 trillion won
FuriosaAI said on Oct. 29 it completed an 820 billion won Series D funding round, valuing the company at about 3.8 trillion won. The round started in January with a target of 450 billion to 750 billion won, but was increased due to investor demand. The National Growth Fund contributed 370 billion won. Funds will be used to expand RNGD production and supply, grow global customers and strengthen its software ecosystem.
