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Market
Outcome of DEEPX Market Expansion Efforts by 2024 End
4
Resolution / Starting Odds
Successful in US • 25%
Successful in Europe • 25%
Limited to Asia • 25%
Global expansion successful • 25%
Company financial statements or credible market analysis reports
Story
DEEPX Raises $80M in Series C, Valuation Hits $529M, 8x Growth from Series B
May 9, 2024, 11:01 PM
DEEPX, a South Korean AI chip startup, has successfully raised approximately $80 million in a Series C funding round, valuing the company at around $529 million. This funding round was led by SkyLake, a private equity firm headed by Chin Dae-je, a former Samsung executive known for his role in Samsung's ascension in the memory chip market. The latest funding significantly increases DEEPX's total investment to about $95 million and marks an 8x growth from its Series B valuation.
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Similar markets
North America • 25%
Europe • 25%
Asia • 25%
Latin America • 25%
Increase by 25% • 33%
Increase by 50% • 33%
Increase by 75% • 34%
More than 10 countries • 33%
5-10 countries • 33%
Less than 5 countries • 34%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
1-2 Partnerships/Acquisitions • 34%
3-5 Partnerships/Acquisitions • 33%
More than 5 • 33%
Asian Markets • 25%
European Markets • 25%
Latin American Markets • 25%
African Markets • 25%
North America • 25%
Europe • 25%
Asia • 25%
No expansion • 25%
North America • 25%
Europe • 25%
Asia • 25%
Rest of the World • 25%
Launch similar products • 25%
No change in products • 25%
Increase marketing efforts • 25%
Lower prices of existing products • 25%
