South Korean AI memory chip startup Xcena raises $135m
Xcena, a chip startup with offices in South Korea and the US, has raised US$135 million in a series B at a US$570 million valuation to develop chips that move some data processing closer to DRAM.
Seoul-based venture capital firms Altinum and IMM Investment co-led the round, alongside Corstone Asia and existing investors SBI Investment and Mirae Asset Capital, bringing Xcena’s total funding to US$185 million.
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Don Quan 02/06/2026
looking forward to seeing new products being launched so as to bring more options to use consumers [THUMBUP]
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