# FuriosaAI

> Designs energy-efficient AI inference accelerators and servers for enterprise and cloud deployments.

## Why it is interesting

FuriosaAI moved RNGD into mass production and production customer workloads before closing a $620 million Series D. The central question is whether its claimed power advantage and sovereign-compute demand can overcome Nvidia's software ecosystem and turn card production into repeatable, profitable deployments.

## Profile

- **Latest funding:** Series D — $620M (company headline; KRW820B reported locally) (October 28, 2026)
- **Latest known valuation:** $2.9B post-money (company headline; KRW3.8T reported locally) (October 28, 2026)
- **Total disclosed equity funding:** $745M
- **Stage:** growth
- **Status:** private
- **Industries:** ai-ml, hardware-semiconductors, deep-tech, infra-cloud
- **Coverage:** full
- **Last updated:** 2026-10-29
- **Latest funding investors:** South Korea National Growth Fund, Infinitum Partners, Cisco Investments, Jericho Capital, NeoFort Holding, QUDA Capital, Worldline Capital, Export-Import Bank of Korea, UAMCO, Hanwha Asset Management, NAVER Ventures, DSC Investment, KDB Capital, KDB, Nextrans, Kakao Investment

## Key facts

- Closed a $620 million Series D at a company-reported $2.9 billion post-money valuation in October 2026.
- RNGD entered mass production in January 2026; Furiosa says it plans 20,000 cards in 2026 and more than twice that volume in 2027.
- Named production relationships include Samsung SDS, LG Group and Upstage.

## Funding history

- Series D · $620M (company headline; KRW820B reported locally) · October 28, 2026
  Source: https://furiosa.ai/blog/furiosaai-620-million-series-d
- Series C · $125M · July 30, 2025
  Source: https://furiosa.ai/blog/announcing-furiosaais-125m-series-c-bridge-funding-to-scale-sustainable-ai-compute

## Investors in our directory

- https://venturecapitaltracker.com/fund/south-korea-national-growth-fund
- https://venturecapitaltracker.com/fund/infinitum-partners

## Related articles

- https://venturecapitaltracker.com/furiosaai-620m-series-d-2-9b-valuation

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 29, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/furiosaai