Soojung Ryu, Founder of Sapeon Korea

About Soojung Ryu

Soojung Ryu is the CEO of Sapeon Korea, a fabless semiconductor company founded in 2022 that designs artificial intelligence chips for data centers, cloud computing, and other AI applications. Sapeon Korea raised KRW 60 billion in Series A funding in August 2023, valuing the company at KRW 500 billion post-money. The company offers AI processor components as chips, cards, and servers and plans to use the funding to launch full-stack artificial intelligence services.

Soojung Ryu at a glance

• Company: Sapeon Korea
• Total raised: $45M
• Latest round: Series A
• Investors: Ascent Equity Partners, GS Holdings, E1 Corporation, Hana Securities, Mirae Asset Venture Investment, We Ventures
• Location: Seongnam-si, South Korea

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