Semifive: Raises $109M in Series B Funding

Semifive Raises $109M in Series B Funding

  • Semifive, a South Korean design solution provider and pioneer of platform-based custom silicon solutions, raised $109M in Series B in funding
  • The round, which brings the total capital raised to $147 million since its inception in 2019, was led by BonAngels, Game Changer, Korea Investment Partners
  • The company is a pioneer of platform based SoC design, working with customers to implement innovative ideas into custom silicon in the most efficient way
  • Its SoC platforms offer a springboard for new chip designs and leverage configurable domain-specific architectures and pre-validated key IP pools
  • It offers comprehensive spec-to-system capabilities with end-to-end solutions so that custom SoCs can be realized faster, with reduced cost and risks for key applications such as data center or AI-enabled IoT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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