FuriosaAI Raises $125M In Series C As LG AI Research Backs Renegade Inference Chip Breakthrough

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FuriosaAI has just taken a decisive step toward a new era of sustainable AI compute with a $125 million Series C bridge raise, while LG AI Research simultaneously endorsed its RNGD, chip through a major enterprise design win.

FuriosaAI's bridge funding round is aimed at scaling mass production of its next‑generation RNGD – pronounced "Renegade" – inference accelerator, a milestone that brings total funding to about $246 million and values the company at roughly $735 million. Backers of this round include Korea Development Bank, Industrial Bank of Korea, Keistone Partners and Kakao Investment.