# FuriosaAI raises $620M Series D led by National Growth Fund

> FuriosaAI, based in South Korea, has raised $620M in a Series D led by National Growth Fund, National Growth Fund of Korea and Kookmin Seongjang Fund...

Source: https://millionrounds.com/news/rounds/furiosaai-series-d-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$620M** 10 sources reported it

Stage **Series D** 1 earlier round on record

Investors **34** 4 named as lead

Where **KR** South Korea

AI Big Data & Analytics Cloud Semiconductors

## How big is it?

Against every equity round we recorded in the twelve months to 28 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#82** equity round of the last twelve months

**#11** Series D of 99 in that time

**#1** round in South Korea, of 15

This round **$620M**

Median Series D **$150M**

4.1 times the median Series D of the last twelve months.

## Who invested

- [**National Growth Fund** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/national-growth-fund)
- [**National Growth Fund of Korea** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/national-growth-fund-of-korea)
- [**Kookmin Seongjang Fund** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/kookmin-seongjang-fund)
- [**Kookmin Growth Fund** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/kookmin-growth-fund)

Also in the round

- [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank)
- [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners)
- [Cisco Investments](https://millionrounds.com/fund/cisco-investments)
- [Samsung](https://millionrounds.com/fund/samsung)
- [DSC Investment](https://millionrounds.com/fund/dsc-investment)
- [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management)
- [NAVER Ventures](https://millionrounds.com/fund/naver-ventures)
- [LG Electronics](https://millionrounds.com/fund/lg-electronics)
- [Infinitum](https://millionrounds.com/fund/infinitum)
- [KDB Capital](https://millionrounds.com/fund/kdb-capital)
- [The Export-Import Bank of Korea](https://millionrounds.com/fund/the-export-import-bank-of-korea)
- [Korea Eximbank](https://millionrounds.com/fund/korea-eximbank)
- [Kakao Investment](https://millionrounds.com/fund/kakao-investment)
- [Nextrans](https://millionrounds.com/fund/nextrans)
- [Jericho Capital](https://millionrounds.com/fund/jericho-capital)
- [Quantum Ventures](https://millionrounds.com/fund/quantum-ventures-2)
- [Industrial Bank of Korea](https://millionrounds.com/fund/industrial-bank-of-korea)
- [NeoFort Holdings](https://millionrounds.com/fund/neofort-holdings)
- [QUDA Capital Partners](https://millionrounds.com/fund/quda-capital-partners)
- [Worldline Capital](https://millionrounds.com/fund/worldline-capital)
- [Kako Investment](https://millionrounds.com/fund/kako-investment)
- [Intellectual Discovery](https://millionrounds.com/fund/intellectual-discovery)
- [UAMCO](https://millionrounds.com/fund/uamco)
- [Infinite](https://millionrounds.com/fund/infinite)
- and 6 more

## Funding history

- October 2026 Series D **$620M**
- July 2025 Series C **$123M**

$743M raised across the 2 rounds we hold.

## Reported by

- byline.network 29 October
- Wowtale 29 October
- finance.ftvnews.com.tw 29 October
- fomoera.com 29 October
- mobile.newsis.com 29 October
- platum.kr 29 October
- Silicon Angle 29 October
- TechStartups 29 October
- The Next Web 29 October
- Ventureburn 29 October

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**Fractile** $700M Series C](https://millionrounds.com/news/rounds/fractile-series-c-2026-10)[**Serval** $150M Series C](https://millionrounds.com/news/rounds/serval-series-c-2026-10)[**Cohere** $5.0B Series E](https://millionrounds.com/news/rounds/cohere-series-e-2026-10)[U **Upwind** $400M Series C](https://millionrounds.com/news/rounds/upwind-series-c-2026-10)[**Approaching.AI** $193M Series B](https://millionrounds.com/news/rounds/approaching-ai-series-b-2026-10)[**Group14 Technologies** $169M Series D](https://millionrounds.com/news/rounds/group14-technologies-series-d-2026-10)

[The company **FuriosaAI on Millionrounds** *→*](https://millionrounds.com/company/furiosaai)[Weekly roundup **Week of 26 October** *→*](https://millionrounds.com/news/weekly/2026-10-26)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)