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Upstage

AI · Seoul, KR · upstage.ai

Generative AI startup behind the Solar large language model family.

Funding history

DateRoundAmount
Nov 2025Incoming IPO
Upstage kicked off formal IPO preparations (RFPs sent to Korean underwriters, listing targeted for 2026) aiming to become Korea's first generative-AI listing, alongside a planned ~$300M pre-IPO raise at a ~$900M valuation.
Sep 2021Funding round
Upstage, a Korean AI company founded by a former Naver CLOVA leader, raised KRW 31.6B to develop its AI Pack solution.

Acquisitions

Upstage has acquired AXZ.

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