FuriosaAI is excited to announce a significant milestone in our journey鈥攁 successful funding round of US$115 million that reinforces our commitment to revolutionizing AI computing. Founded in 2017 by three visionaries from hardware, software, and algorithmic backgrounds鈥攅ach having contributed to tech giants like AMD, Qualcomm, and Samsung鈥攐ur company has consistently pushed the boundaries of innovation to design and develop data center accelerators tailored for the most advanced AI models and applications. With this new capital injection, we are poised to further our mission of making AI computing sustainable and accessible to everyone on Earth by enhancing our cutting-edge, full-stack solutions that deliver an optimal combination of programmability, efficiency, and ease of use.
This capital will be strategically channeled into advancing our research and development initiatives, scaling production capabilities, and expanding our global footprint. Our investment partners鈥攊ncluding DSC Investment, Korea Development Bank, and industry leader Naver鈥攈ave placed their trust in our vision, while our ongoing collaborations with top-tier partners like TSMC, ASUS, SK Hynix, GUC, and Samsung continue to affirm the robustness of our technological approach. Importantly, this funding enables us to grow our talented team of over 140 experts across Seoul, Silicon Valley, and Europe, fueling not only innovation but also sustainable growth in the dynamic AI landscape. As we accelerate our progress, we remain steadfast in our commitment to solving the core challenge of AI computing acceleration, ensuring that our advanced data center accelerators meet the growing demands of industries around the globe. We look forward to a future where groundbreaking AI capabilities are accessible to all, driving the next era of technological evolution.
