FuriosaAI said it closed a $620 million (KRW 820 billion) Series D at a $2.9 billion post-money valuation, according to its blog. Bloomberg reports Korea's National Growth Fund put in about $280 million (KRW 370 billion) and international investors $110 million, with Infinitum the largest overseas backer per Korean press. The company says its RNGD accelerator is in mass production and it will produce 20,000 cards this year.
FuriosaAI says it will produce 20,000 RNGD cards this year.
Bloomberg reported that international investors added $110 million.
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Reuters reported that Kalshi wrapped a $1 billion Series G round at a $40 billion valuation while non-sports markets surpassed $1 billion in annualized revenue. The milestones coincide with new NBA and S&P Dow Jones Indices ties even as Utah and the CFTC pursue separate actions over sports contracts.
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