An index of frontier and emerging AI labs.
Open-source LLMs
Korean LLM lab behind the Solar model family and Document Parse platform. Closed first tranche of Series C at ~$125.9M in April 2026 to become Korea's first generative AI unicorn; selected for a $400M Korea sovereign AI investment in May 2026.
| Name | Upstage |
|---|---|
| Space | Open-source LLMs |
| Founded | 2020 |
| Latest valuation | ~$1.16B(confirmed) |
| Stage | — |
| Status | active |
| HQ | Seoul |
| Founders | Sung Kim, Lucy Park, Hwalsuk Lee |
| Website | https://www.upstage.ai |
| Careers | https://www.upstage.ai/careers |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence |
|---|---|---|---|---|
| — | — | — | ~$1.16B | reported |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-03 | added | Upstage added to tracker Latest valuation: ~$1.16B. | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Lelapa AI | — | 2022 |
| Nomic AI | — | 2022 |
| DeepSeek | $45B | 2023 |
| Mistral AI | ~$14B | 2023 |
| Hugging Face | $13.5B | 2016 |
| Fireworks AI | $4B | 2022 |
| Together AI | ~$3.3B | 2022 |
| Snorkel AI | ~$1.3B | 2019 |