Upstage

South Korea’s Upstage raises $72M Series B funding to expand global reach

Upstage, a South Korea-based artificial intelligence (AI) company specializing in large language models (LLMs) and Document AI, has announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020.

Upstage raises $27M Series A funding led by SoftBank Ventures Asia for hiring AI talent and development of AI stack

Upstage plans to use the funds raised to recruit a large number of AI specialists and developers to accelerate the development of its ‘AI Pack.'