From the source
Series B bridge brings total funding to over $150M to scale Document Intelligence, drive adoption in regulated industries, and expand globally, with backing from KDB, Amazon, and AMD SAN JOSE, Calif., Aug.
20, 2025 /PRNewswire/ -- Upstage , a key AI company specializing in enterprise-grade generative AI solutions, today announced a $45 million Series B bridge round backed by Korea Development Bank (KDB), Amazon, and AMD.
The raise brings total capital to $157 million and will accelerate development of its next-generation Solar language model, advance document AI products, and go-to-market expansion in the U.S. and APAC.
The new funding will also advance R&D efforts to enhance Solar's capabilities and expand enterprise use cases, including document parsing, agentic task execution, and workflow automation.
Recently, Upstage announced a strategic collaboration with Amazon Web Services (AWS), its preferred cloud provider, to advance its Solar language models and expand access to generative AI technology.
…
