---
title: "AI chip startup DEEPX secures $80M Series C at a $529M valuation"
url: https://daily.dev/posts/ai-chip-startup-deepx-secures-80m-series-c-at-a-529m-valuation-hs7xiuxca
source_url: https://techcrunch.com/2024/05/09/ai-chip-startup-deepx-secures-80-5m-series-c-at-a-529m-valuation/
type: article
source: "TechCrunch"
published: 2024-05-09T23:01:08.349Z
updated: 2026-03-15T02:30:04.770Z
tags: ["hardware", "startup"]
reading_time: 3
upvotes: 0
comments: 0
language: en
---

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# AI chip startup DEEPX secures $80M Series C at a $529M valuation

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

DEEPX, a South Korean on-device AI chip startup, raises $80M in Series C funding at a valuation of $529M. The funding will be used for mass production and developing next-generation large language model solutions. DEEPX differentiates itself through cost efficiency, energy consumption efficiency, and All-in-4 AI Total Solution. The company has over 259 patents pending in the U.S., China, and South Korea.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/09/ai-chip-startup-deepx-secures-80-5m-series-c-at-a-529m-valuation/>

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---

Tags: [#hardware](https://daily.dev/tags/hardware), [#startup](https://daily.dev/tags/startup)

[View this post on daily.dev](https://daily.dev/posts/ai-chip-startup-deepx-secures-80m-series-c-at-a-529m-valuation-hs7xiuxca)