Rebellions Inc announced that it has received KRW 165,000,000,000 ($124,000,000) in round of funding led by returning investor KT Corporation on January 30, 2024. The transaction included the participation from new investors Korelya Capital, KT Cloud Co., Ltd. and DG Daiwa Ventures Inc., returning investors Pavilion Capital Fund Holdings Pte. Ltd and Korea Development Bank, Investment Arm.

The round was oversubscribed. The company has raised a funding till date of KRW 279,507,300,000 ($210,000,000). The company raised the funding at a post-money valuation of KRW 880,000,000,000 ($658,000,000).

The company intended to raise KRW 119,784,900,000 ($90,000,000) initially.