DeepX Valuation Surges 300% to $2.2B Following Series D Funding Round

DeepX closes first Series D tranche, raising 4.2B won from BNW and DS Asset. Valuation hits $2.2B, a fourfold increase from prior round.

Woofun AI reports that South Korean AI chip designer DeepX has finalized the initial transaction of its Series D financing. Existing investors BNW Investment Co. and DS Asset Management Co. contributed 4.2 billion won to the round. The company’s valuation stands at approximately 3.14 trillion won (about $2.2 billion USD), representing a fourfold increase compared to the previous funding stage.