Semifive is accelerating its global expansion by raising a total of 170 billion won in funding over three rounds.


Semiconductor platform company SemiFive (CEO Myung-Hyeon Cho) announced on the 16th that it has completed raising 130 billion won in Series B investment.

With this investment, SemiFive, which has established development and sales organizations in Korea, the United States, India, and Vietnam, has solidified its position as a global semiconductor company in just three years since its founding.

Semifive has raised a total of 170 billion won in funding over three rounds so far.

It has been reported that domestic investment institutions such as Mirae Asset Venture Investment, Korea Investment Partners, Softbank Ventures, Bon Angels, LB Investment, and Game Changer, as well as Pavilion Capital, a subsidiary of Singapore's sovereign wealth fund Temasek, participated in Semifive's investment attraction.

Semifive's investment news was also reported by Bloomberg News on the 11th (local time), drawing attention both domestically and internationally.

The background to SemiFive's unusual investment attraction is believed to be its unique business model that will lead the rapidly changing semiconductor industry.

Although several global innovative companies are independently developing semiconductors, the development time and cost remain considerable.

This is in contrast to the software industry, where anyone can easily develop apps, leading to numerous innovations.It's humid.

SemiFive's design platform can reduce semiconductor development costs and time by more than half.

To date, four clients have begun developing six dedicated semiconductors based on the SemiFive platform. In particular, the company is laying the foundation for domestic semiconductor innovation by signing development agreements with domestic AI semiconductor startups with robust technological capabilities, including Furiosa AI, Rebellion, and Mobilint.

With this investment, SemiFive is accelerating its global expansion. "SemiFive's unwavering vision is to become a global hub for dedicated semiconductors," said CEO Myung-Hyun Cho, founder and Ph.D. in semiconductor engineering from the Massachusetts Institute of Technology (MIT). "In addition to our existing Korean R&D team, which leads semiconductor platform development, we are establishing a development team in the US to secure core intellectual property (IP), and development teams in India and Vietnam for verification and layout."

In particular, in the United States, a key base for securing global customers, the company is strengthening its sales and customer support organization to prepare for full-scale customer base expansion. CEO Cho predicted that the global growth of SemiFive, Samsung Foundry's official design solutions partner, will contribute to the development of Korea's semiconductor infrastructure.

As an investment firm, Mirae Asset Venture Investment has fully supported SemiFive's endeavors since its founding. "The semiconductor design process is becoming increasingly challenging as processes become more refined and chip structures become more complex, resulting in significant costs and time," said Cho Jin-hwan, team leader at Mirae Asset Venture Investment. "SemiFive is creating a stir in the semiconductor industry by building a design platform based on its unrivaled technological prowess and significantly reducing time and costs through design automation solutions. We anticipate SemiFive will grow into a global leader in semiconductor design."