Fundraising Fox

Furiosa

Seoul, KR · Founded 2017 · 208 employees on LinkedIn · 4 known investors

FuriosaAI designs AI accelerator chips, including the RNGD NPU for large language models and multimodal workloads and a Vision NPU for computer vision, along with related server and PCIe products and a developer platform. The company (주식회사 퓨리오사에이아이) is based in Seoul, South Korea.

Also known as Furiosa · FuriosaAI · 주식회사 퓨리오사에이아이

Founders & leadership

Furiosa was founded in 2017 by June Paik and Joon Ho Baek.

JP
June PaikinCEO
JH
Joon Ho BaekCo-founder
AL
Alex Liuin
HK
Hanjoon KimNamed on SEC filing
HK
Hyungil KooNamed on SEC filing
KL
Kyungho LeeNamed on SEC filing

Investors · 4

Reported raises · per SEC filings

Form D private placements

$4.1M disclosed across 1 round · 2026

$4.1MraisedAug 2026 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joon Ho BaekExecutive Officer, Director
  • Hanjoon KimDirector
  • Hyungil KooDirector
  • Kyungho LeeDirector
Offering amount
$4.1M
Amount sold
$4.1M
First sale
Jul 2026
Incorporated
Corporation, Korea, Republic Of
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

FuriosaAI is a South Korean AI semiconductor company that designs inference accelerators and accompanying systems software. Its product line spans the NXT RNGD Server, a multi-card data center appliance, the RNGD PCIe card for large language model and multimodal workloads, and a Vision NPU aimed at computer vision. The second-generation RNGD line is built around the company's Tensor Contraction Processor (TCP) architecture, presented at ISCA 2024, which uses tensor contraction rather than fixed-size matrix-multiply instructions as its computational primitive.

The NXT RNGD Server is positioned as a 3 kW, air-cooled inference appliance holding eight RNGD cards, with 4 petaFLOPS of aggregate compute (512 TFLOPS per card), 384 GB of HBM3 and 12 TB/s of memory bandwidth, deployable on-premises, in managed environments or in colocation facilities. The company markets it against 7.5 kW alternatives on a per-rack basis within the 15 kW rack power envelope it describes as typical of enterprise data centers.

Alongside hardware, FuriosaAI ships the Furiosa SDK and a software toolchain covering compilation, optimization and production deployment for LLM and agentic workloads, with PyTorch 2.x integration and cloud-native support including containerization, SR-IOV and Kubernetes. Developer resources include Furiosa Docs, customer support forums and algorithm research materials.

Business model

FuriosaAI sells AI accelerator hardware — PCIe cards and multi-card server appliances — together with a supporting software toolchain and developer platform, and reaches enterprises both directly and via infrastructure partners including cloud and data center operators.

Latest developments

Recent announcements include a launch with Samsung SDS of a domestic NPU-as-a-service offering in Korea, an RNGD deployment at Equinix's Lisbon data center, a partnership with Broadcom on next-generation inference for agentic AI, a partnership with I/ONX and Velox for a 15 MW AI data center in Sweden, the Furiosa SDK 2026.3 release with a new kernel framework, a benchmark white paper on Backend.AI reporting 1.3–1.5x greater efficiency, and participation in ICML 2026. The company also published its Renegade 2026 keynote by CEO June Paik and posted board-approved third-party allotment new share issuance notices for Series 6 redeemable convertible preferred stock at 1,699,449 KRW per share.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

FuriosaAI positions RNGD as an inference alternative to GPU-based systems, citing a benchmark in which RNGD outperforms the RTX Pro 6000 with its latest SDK, and emphasizing total cost of ownership, per-rack throughput and power efficiency. Through Samsung SDS it is associated with what is described as Korea's first domestic NPU-as-a-service offering.

Its principal technical differentiator is the Tensor Contraction Processor architecture, which departs from the fixed-size matmul primitives used in most commercial accelerators, combined with a low-power, air-cooled appliance design (3 kW per 8-card server) intended to fit standard 15 kW enterprise racks and a compiler-centric software stack for model flexibility.

Technology

RNGD accelerators implement the Tensor Contraction Processor architecture, described in an ISCA 2024 paper, which treats tensor contraction — a higher-dimensional generalization of matrix multiplication — as the hardware primitive instead of the fixed-size matmul instructions used by most commercial deep learning accelerators. The company frames the resulting benefits as high-throughput, low-latency execution, lower energy draw permitting standard air cooling and fewer racks, and compiler-level programmability for evolving models. The software stack includes the Furiosa SDK (release 2026.3 introduced a new kernel framework), PyTorch 2.x integration, and cloud-native deployment components such as containerization, SR-IOV and Kubernetes.

Go-to-market

The company runs the Furiosa Access Program, a structured online and offline evaluation path through which customers and partners can evaluate, integrate, qualify and deploy Furiosa accelerators, with access locations in Seoul (Korea), the Bay Area (USA), Lisbon (Portugal) and Johor Bahru (Malaysia). It also goes to market through partnerships with Samsung SDS (domestic NPU-as-a-service in Korea), Broadcom, Equinix, and I/ONX and Velox for data center capacity, and publishes benchmarks, white papers and conference research (ICML 2026, ISCA 2024) to support technical evaluation.

Enterprises deploying LLM and agentic AI inference in on-premises, managed or colocation data centers, including customers constrained by rack power density, plus cloud and infrastructure providers offering NPU-based services.

Geography

Headquartered in Seoul, South Korea (Gangnam-gu, Dosan-daero 145). Furiosa Access evaluation locations are listed in Seoul, the Bay Area, Lisbon and Johor Bahru, and the program is described as available worldwide. European deployments include RNGD at an Equinix data center in Lisbon and a planned 15 MW AI data center in Sweden with I/ONX and Velox.

Risks & controversies

The company posted a notice warning that individuals impersonating its recruiting team have solicited personal information — identification documents and bank account copies — from candidates under the pretext of setting up equipment for a data-crawling freelance role, and stated it does not request such information during hiring.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 2026208
Max users per rack (RNGD)Jan 2026880 users
NXT RNGD Server aggregate computeJan 20264 petaFLOPS
NXT RNGD Server HBM3 capacityJan 2026384 GB
NXT RNGD Server memory bandwidthJan 202612 TB/s
NXT RNGD Server power consumptionJan 20263 kW
NXT RNGD Server RNGD cardsJan 20268 cards
Per-card computeJan 2026512 TFLOPS
Tokens per second per rack (RNGD)Jan 202626,400 tokens/s

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap
Hugging Face20 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
NVIDIA15 shared keywordsNVIDIA designs GPUs, AI computing hardware, and software platforms for AI development, data centers, autonomous vehicles, and robotics, serving developers, researchers, and enterprises. Its offerings include AI models, power architecture for AI factories, and compute infrastructure used across industries such as manufacturing, healthcare, and automotive.
OpenAI7 shared keywordsOpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.
Ultralytics6 shared keywordsUltralytics provides an end-to-end computer vision platform for annotating images and videos, training YOLO models on cloud infrastructure, and deploying models across 42 global regions. The platform serves developers and enterprises across industries including manufacturing, healthcare, automotive, agriculture, retail, and logistics.
Roboflow6 shared keywordsRoboflow provides tools for developers to build and deploy computer vision applications, including image annotation, model benchmarking, and dataset management. The platform serves software engineers and enterprises who need to create vision-based applications.

Companies competing with Furiosa for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Jul 2026
Board resolves third-party allotment issuance of up to 403,656 Series 6 redeemable convertible preferred shares

New share issuance notice: up to 403,656 Series 6 redeemable convertible preferred shares at 1,699,449 KRW per share (par value 100 KRW), total issue amount up to 685,992,785,544 KRW, with payment dates in July–September 2026; amended 2026-07-15, 2026-07-30 and 2026-08-20.

source ↗

Jun 2026
Board resolves third-party allotment issuance of up to 21,161 Series 6 redeemable convertible preferred shares

New share issuance notice following board resolutions on 2026-06-23, 2026-06-26 and 2026-07-13: up to 21,161 Series 6 redeemable convertible preferred shares at 1,699,449 KRW per share, total issue amount up to 35,962,040,289 KRW, with payment dates in July 2026; amended 2026-06-26, 2026-06-30 and 2026-07-14.

source ↗

Jan 2026
RNGD deployment at Equinix's Lisbon data center

Expansion of European AI infrastructure through an RNGD deployment at Equinix's Lisbon data center.

source ↗

Jan 2026
FuriosaAI and Broadcom partner on next-gen inference for agentic AI

source ↗

Jan 2026
FuriosaAI and Samsung SDS launch Korea's first domestic NPUaaS

Joint launch with Samsung SDS of what is described as Korea's first domestic NPU-as-a-service offering to expand enterprise AI access.

source ↗

Jan 2026
Partnership with I/ONX and Velox for a 15 MW AI data center in Sweden

source ↗

Jan 2026
Furiosa SDK 2026.3 released with new kernel framework

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Furiosa do?
FuriosaAI builds RNGD AI inference accelerators and servers based on its Tensor Contraction Processor architecture.
Who founded Furiosa?
Furiosa was founded by June Paik, Joon Ho Baek in 2017.
Who are Furiosa's investors?
Furiosa's investors include Crit Ventures, FuturePlay, Han River Partners, IMM Investment Japan.
How much funding has Furiosa raised?
Furiosa has disclosed $4.1M raised across 1 round.
Where is Furiosa headquartered?
Furiosa is headquartered in Seoul, KR.