TechFlow news: Japanese AI company Sakana AI has raised approximately 30 billion yen (about $214 million) in a Series A funding round, bringing its valuation to $1.5 billion. Founded in July 2023 by former Google researchers, Sakana AI is just one year old. Investors in this round include major financial institutions such as Mitsubishi UFJ Financial Group, Mizuho Financial Group, Sumitomo Mitsui Banking Corporation, and Nomura Holdings, as well as prominent corporations like NEC, Itochu Corporation, KDDI, and Fujitsu.
Sakana AI has secured computing time on Japan's supercomputers and is collaborating with multiple organizations to strengthen Japan's AI ecosystem—an effort aligned with NVIDIA's recent initiative to support Japan's sovereign AI projects.
