Private Valuation & Funding Round Tracker · Rebellions

Rebellions funding rounds & valuation history

Name: Rebellions Funding Rounds & Valuation History
Creator: growthnavigatefunding.net

Rebellions, the Seoul AI-inference chip company (ATOM and REBEL chips) that merged with SK Telecom’s SAPEON Korea in 2024. Funding from the Series B (Jan 2024) to the Pre-IPO round (Mar 2026) plus later status rows, sourced to Seoul Economic Daily, Rebellions and CNBC.

Last updated: 14 Nov 2026 (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal

⬇ Download CSV Cite this dataset Methodology & status definitions

Last closed round Closed

$2.34B

$400M Pre-IPO round, Mar 2026

Raised in rounds listed

$774M

Sum of 3 closed rounds with a disclosed amount (GNF calc.)

Largest round

$400M

Pre-IPO round, Mar 2026

Latest signal IPO talk

—

KOSPI listing plan, Nov 2026 (not a closed round)

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Rebellions funding rounds, Jan 2024 to Nov 2026
Date	Status	Round	Amount	Lead / buyer	Valuation	Val. ÷ run-rate	Source
9 Nov 2026	IPO talk	KOSPI listing planPreliminary KOSPI review filing pushed to next year or later (Seoul Economic Daily). No filing and no pricing as of 14 Nov 2026 IST.	—Not disclosed	—Not disclosed	—No company valuation stated by the source	—Not disclosedTalks-stage or discussed figure; no multiple	Seoul Economic Daily, 9 Nov 2026
30 Mar 2026	Closed round	Pre-IPO round	$400M	Mirae Asset Financial GroupWith: Korea National Growth Fund	$2.34BReported by CNBC; Rebellions’ release gives no valuation1.67× vs prior closed	—Not disclosedNo run-rate stated in the announcement	Rebellions, 30 Mar 2026Also: CNBC, 30 Mar 2026
30 Sep 2025	Closed round	Series CBacked by Arm and Samsung; final close on 10 Nov 2025 added Kindred Ventures and Top Tier Capital Partners (Rebellions). No lead named.	$250M	—Not disclosed	$1.4BStated by Rebellions	—Not disclosedNo run-rate stated in the announcement	Rebellions, 30 Sep 2025Also: Rebellions, 10 Nov 2025
30 Jan 2024	Closed round	Series BTotal raised passed $200M (Rebellions).	$124M	KT	Not disclosedNo company valuation stated by the source	—Not disclosedNo run-rate stated in the announcement	Rebellions, 30 Jan 2024

Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Series CSep 2025$1.4B
Pre-IPOMar 2026$2.34B

Sources: Seoul Economic Daily, Rebellions, CNBC. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

30 Jan 2024 · Closed
Series B: $124M led by KT.
30 Sep 2025 · Closed
Series C: $250M at $1.4B.
30 Mar 2026 · Closed
Pre-IPO round: $400M at $2.34B led by Mirae Asset Financial Group.
9 Nov 2026 · IPO talk
KOSPI listing plan: amount not disclosed.

Still private: Rebellions is preparing a KOSPI listing but has not filed for preliminary review; the filing has slipped to 2027 or later (Seoul Economic Daily, 9 Nov 2026). No IPO is priced. SK Telecom (via the SAPEON merger), KT, Samsung and Arm are minority shareholders; none controls the company.

Cite this dataset

Free to quote with a link back. Copy this citation:

Rebellions Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/rebellions/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File: rebellions-rounds.csv (UTF-8, comma-separated)
Stable URL: https://growthnavigatefunding.net/wp-content/uploads/2026/11/rebellions-rounds.csv
Columns: id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated: 14 Nov 2026 (IST)

⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

IPO talk

Reported IPO preparations or talks. Not a filing and not priced.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed and Series A (2020–2022), the 2024 all-share merger with SAPEON Korea (not a cash round), and government grants.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

14 Nov 2026: Dataset first compiled (AI-50 batch, not yet published).

Rebellions Funding Rounds & Valuation History (2024–2026)