Semifive, Leading AI Semiconductor Designer, Applies for KOSDAQ Preliminary Listing Review

Semifive, a company specializing in custom semiconductor (ASIC) design in which Mirae Asset Venture Investment has invested 36.3 billion KRW, officially began its listing process by submitting a preliminary listing examination application to the Korea Exchange on July 17, 2025.

Founded in 2019, Semifive possesses innovative automation technology for custom system-on-chip (SoC) design and production. Amid rapidly increasing demand for custom semiconductors driven by the explosive growth of the AI industry, the company achieved annual sales of 111.8 billion KRW within just five years of its founding, ranking first in system semiconductor sales among Samsung Electronics' official Design Solution Partners (DSPs).

In particular, Semifive is receiving strong attention from domestic and global AI semiconductor companies. Many Korean AI semiconductor firms?including FuriosaAI, Rebellion, HyperAccel, Mobilint, and Exyna?have chosen Semifive as their design partner. Additionally, the company is rapidly expanding its overseas revenue by consecutively securing AI semiconductor projects in global markets such as the United States, China, and Japan.

Furthermore, through its subsidiary Analog Bits, Semifive supplies core IP to global foundries including TSMC, Samsung, and Intel, enhancing design efficiency and competitiveness by linking these with its SoC platform. As an official total design partner of Arm, Semifive is also accelerating the development of "Premier," a CPU chiplet platform based on Arm architecture.

Meanwhile, Semifive has attracted investments totaling 240 billion KRW from Pavilion Capital under Singapore's Temasek, Mirae Asset Venture Investment, Korea Investment Partners, Korea Development Bank, and Doosan Tesna. Notably, Mirae Asset Venture Investment has held the largest institutional stake since the company's early days, investing a total of 36.3 billion KRW and securing the position of second-largest shareholder.

The investment industry expects Semifive's valuation at the time of listing to reach unicorn status, estimated at between 1 trillion and 2 trillion KRW. If Semifive is listed at this market valuation, Mirae Asset Venture Investment could expect to recover more than 150 billion KRW from its investment.