DEEPX raises KRW 110B Series C

May 9, 2024 · Funding · DEEPX · Semiconductors

DEEPX completed a KRW 110 billion Series C, stated as USD 80.5 million, led by SkyLake Equity Partners.

DEEPX company media
Company media · DEEPX
  • SkyLake Equity Partners led the completed round and became DEEPX’s second-largest shareholder.
  • BNW Investments and AJU IB participated alongside existing investor TimeFolio Asset Management.
  • DEEPX said the capital would support mass production and next-generation on-device large-language-model chips.

DEEPX develops ultra-low-power AI semiconductor chips for on-device inference across robotics and autonomous systems. Its processors are designed to enable real-time perception and decision-making directly on robots without reliance on cloud infrastructure.