Boss Semiconductor, a leading fabless developer of AI systems-on-chip (SoCs) for mobility applications, has attracted approximately 870 billion won in Series A funding. This milestone underscores strong investor confidence in AI chip innovation and highlights the company’s growing influence in the sector.
Investor Participation
The funding round draws participation from prominent existing backers such as ATNUM Investment Partners, Partners Investment, Stick Ventures, IBK Industrial Bank, and K&Investment Partners. New investors include the Industrial Bank of Korea, KB Investment & Securities, Smilegate Investment, Yuamco and PI Partners, Shinkyung Capital and BSK Investment, Woori Venture Partners, HB Investment, and Ian Venture Partners, among other major Korean venture capital firms and financial institutions.
Company Overview and Growth
Launched in May 2022 as Korea’s pioneering mobility-focused AI SoC fabless operation, Boss Semiconductor now employs over 300 full-time staff. The firm actively recruits top executives to support expansion. Current efforts center on developing AI SoCs for autonomous driving and in-vehicle infotainment (IVI) systems.
Key Product Developments
Development pipelines feature Eagle-N, a high-performance AI SoC tailored for mobility storage applications, and Eagle-A, an AI SoC designed for advanced driver-assistance systems (ADAS). Eagle-N stands out by enabling intensive AI workloads directly within vehicles, enhancing computational efficiency.
The company showcases live demonstrations on its mass production homepage, integrating vision-language models (VLM), large language models (LLM), and perception inference models to highlight real-world capabilities.
Leadership and Strategic Shift
Boss Semiconductor’s executive team, including CTO, CSO, and CSMO, brings over 20 years of chip development, design, and mass production expertise from Samsung Electronics. This talent drives the firm’s transition toward fabless operations and application-specific integrated circuits (ASICs), positioning it as a global contender.
The company has already delivered ASICs worth 240 billion won to major Korean automotive groups for robotaxi platforms. European original equipment manufacturers (OEMs) advance joint development on Eagle-N prototypes, achieving solid results after one year of collaboration. Additional OEMs conduct technical reviews and request for information (RFI) processes, paving the way for partnerships.
Future Outlook
Funding prioritizes Eagle-N production scaling and penetration into global OEM markets. Boss Semiconductor aims to dominate full-vehicle and autonomous driving chip sectors domestically while leveraging in-vehicle expertise for robot and drone applications worldwide through physical AI chip advancements.
Park Jae-hong, CEO of Boss Semiconductor, stated: “This Series A funding and collaborations with global chip firms have focused efforts on autonomous driving chip commercialization.” He added: “Through precise global partnerships and sustained R&D investments, we advance mobility AI SoCs and secure entry into leading vehicle chip markets.”
