Upstage Raises $72 Million in Series B Funding

Upstage announced it raised $72 million in Series B funding, bringing total funding to over $100 million since its founding in October 2020.

• The round was led by SK Networks, KT, Korea Development Bank, and others.
• The company plans to use the financing to accelerate development of purpose-trained LLMs for global enterprises and expand with a new office in San Jose, California.