[Korean Startup Weekly News #79] Furiosa AI, a Unicorn with $770M+ Valuation, Secures $123M in Series C Bridge Round

8/2/2025

・

Catch up on last week’s top stories from the startup ecosystem in the Korean Startup Weekly News.

Headline

Furiosa AI Secures $123M in Series C Bridge Round, Surpasses $770M Valuation to Become a Unicorn
Furiosa AI raised $123M in Series C bridge funding, surpassing $770M valuation and supplying its AI chip to LG, signaling global enterprise expansion.

Check out the latest funding news for Korean startups

SOS Lab Raises $30M to Accelerate SPAD Fabless Business and LiDAR Production
Korean LiDAR startup SOS Lab raises $30M to expand SPAD chip fabless business & robot LiDAR production. KOSDAQ-listed since June 2024.

Backpackr Invests $3.4M in BetterwaySystems to Strengthen Creator Commerce Ecosystem
Backpackr, operator of Korea’s largest handmade commerce platform Idus, invests $3.4M in BetterwaySystems to internalize small-batch, on-demand production for creators.

Ucube Secures Series A to Expand Public AX and Enhance Quantum Cryptography-based Defence Solution
Ucube raised USD 1.45 Million in Series A, targeting USD 29 Million valuation. Funds will boost AI and quantum cryptography ventures, aiming for 2026 IPO.

UrbanDataLab Raises $1.8Mil. in Series A Funding to Advance AI Biomarker Discovery Platform
UrbanDataLab, a Korean AI startup, raised $1.8 million in Series A funding to enhance its AI biomarker discovery platform, expand R&D, and strengthen partnerships for precision medicine.

Refundy Secures Seed Funding from New Paradigm Investment for AI-Powered Refund Automation
Refundy, a Korean AI-driven refund automation startup, secured seed funding from New Paradigm Investment to expand globally, targeting 1 trillion KRW in revenue by 2029.

Cutback Secures $2.6 Million Seed Funding to Enhance AI-Powered Video Editing Agent
Korean AI video editing startup Cutback raised $2.6M in seed funding aiming to enhance its proprietary AI model and accelerate its expansion into the global video editing market.

Linkbricks Horizon AI Secures $1.5M Seed Funding to Lead in AI Full-Stack Platform Innovation
Linkbricks Horizon AI raised $1.5M in seed funding to advance its AI full-stack platform, featuring multimodal sLLM, targeting global markets by 2025.

Neubility Raises $730K Investment from Crit Ventures for Autonomous Outdoor Robot Solutions
Neubility, a leader in autonomous outdoor robot solutions, raised USD 730K from Crit Ventures to advance its camera-based autonomous technology and expand globally.

SURI& Secures Investment to Expand Digital CS Platform for Technical Installation and Maintenance Services
Korean startup SURI& secures investment from CNTTech-DBDreamBig Fund to expand its digital CS platform for nationwide technical installation and maintenance services.

HyprNote Raises Follow-on Investment for Its On-Device AI Meeting Notes Solution
HyprNote Secures Follow-on Investment After Joining Y Combinator S25 for Its On-Device AI Meeting Notes Solution

Beyond Medicine Secures Investment from DHP for Digital Therapeutic for the Dental Sector
Beyond Medicine raises funding from DHP to commercialize Clickless, a digital therapeutic for TMD, with clinical validation, MFDS designation, and global expansion plans underway.

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] BS ONE Dominates Korean Ceramic Saggars Market for Battery Cathode Production
BS ONE crafts high-performance saggars for EV batteries, targeting USD 357M market by 2026. Supplies Posco Future M, plans LFP and recycling expansion.

[Korean Startup Interview] ASTAR, Marketing AI ‘AVICA’ Certified by Major Corporations… Expanding to SMEs and Global Markets
ASTAR raises USD 0.29M seed funding for AVICA, slashing marketing time by 99.5%. Targets USD 35.71B market, aiming for SaaS launch and global expansion in AI-driven CRM solutions.

Rebellions and Marvell Collaborate to Develop Custom AI Systems for Sovereign AI Infrastructure
Rebellions and Marvell partner to design custom AI systems for APAC and Middle East, leveraging Marvell’s advanced packaging and interconnect technologies for sovereign AI infrastructure.