Tech Company Financing Transactions

Upstage Funding Round

Amazon, AMD and Korea Development Bank participated in a $45 million Series B funding round for Upstage. The financing was announced on 8/20/2025.

Transaction Overview

Company Name
Announced On
8/20/2025
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to support growth across sales and marketing hires and continued international expansion.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
3003 N 1st St
San Jose, CA 95134
USA
Phone
Undisclosed
Email Address
Overview
Upstage boosts work efficiency with industry-leading document processing engines and large-language models (LLMs). Our flagship large language model Solar defines the benchmark for cost-effective and powerful AI solutions for enterprises. Additionally, our Document AI boasts a proven track record in automating documents through advanced AI OCR technology.
Profile
Upstage LinkedIn Company Profile
Social Media
Upstage Company Twitter Account
Company News
Upstage News
Facebook
Upstage on Facebook
YouTube
Upstage on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sung Kim
  Sung Kim LinkedIn Profile  Sung Kim Twitter Account  Sung Kim News  Sung Kim on Facebook


 

 

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Prev: 8/19/2025: Databricks venture capital transaction
Next: 8/20/2025: Iantrek venture capital transaction

 

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We do our best to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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