You are currently viewing SemiWiki as a guest which gives you limited access to the site. To view blog comments and experience other SemiWiki features you must be a registered member. Registration is fast, simple, and absolutely free so please, join our community today!
TOKYO, June 5, 2026 – Rapidus Corporation today announced that it has completed an additional funding round of 150 billion yen (equivalent to $943 million USD) from the Information-Technology Promotion Agency (IPA), Japan, an independent administrative agency under the jurisdiction of the Ministry of Economy, Trade and Industry (METI) based on the “Act on Facilitation of Information Processing.”
Earlier this year, Rapidus announced that it received a 100 billion yen investment from the IPA, in addition to private-sector funding, totaling 167.6 billion yen from 32 companies including Canon, Development Bank of Japan Inc., Fujitsu, NTT, SoftBank and Sony Group. Simultaneously, Rapidus announced that the total amount of stated capital and legal capital surplus reached 274.95 billion yen. As a result of this latest capital increase by the IPA, Rapidus funding now totals 424.95 billion yen.
Since its fiscal year 2022, Rapidus has received subsidies from Japan’s New Energy and Industrial Technology Development Organization under the “Post-5G Information and Communication Systems Infrastructure Enhancement R&D Project / Development of Advanced Semiconductor Manufacturing Technology (Commissioned).” These projects are part of the “Research and Development of 2nm-Generation Semiconductor Integration Technology and Short Turnaround Time (TAT) Manufacturing Technology Based on Japan–U.S. Collaboration” and “Development of Chiplet, Package Design and Manufacturing Technology for 2nm-Generation Semiconductors.”
To support its evolution from the R&D stage to full-scale 2nm logic semiconductor manufacturing by 2027, Rapidus will continue to raise capital and financing from a mix of public and private sources.
About Rapidus Corporation
Rapidus Corporation aims to develop and manufacture the world’s most advanced logic semiconductors. We will create new industries together with our customers through the development and provision of services to shorten cycle times in design, wafer processes, 3D packaging and more. We will continue to challenge ourselves in order to contribute to the fulfillment, prosperity and happiness of people’s lives through the use of semiconductors.
Rapidus Corporation
Headquarters: 4-1 Kojimachi, Chiyoda-ku, Tokyo 102-0083, Japan
Founded: August 10, 2022
Business Areas: Development, design, manufacture, and sale of semiconductor devices, integrated circuits and other electronic components
Capital (as of June 5, 2026): 424.95 billion yen (including legal capital surplus)
TOKYO, June 5, 2026 – Rapidus Corporation today announced that it has completed an additional funding round of 150 billion yen (equivalent to $943 million USD) from the Information-Technology Promotion Agency (IPA), Japan, an independent administrative agency under the jurisdiction of the Ministry of Economy, Trade and Industry (METI) based on the “Act on Facilitation of Information Processing.”
Earlier this year, Rapidus announced that it received a 100 billion yen investment from the IPA, in addition to private-sector funding, totaling 167.6 billion yen from 32 companies including Canon, Development Bank of Japan Inc., Fujitsu, NTT, SoftBank and Sony Group. Simultaneously, Rapidus announced that the total amount of stated capital and legal capital surplus reached 274.95 billion yen. As a result of this latest capital increase by the IPA, Rapidus funding now totals 424.95 billion yen.
Since its fiscal year 2022, Rapidus has received subsidies from Japan’s New Energy and Industrial Technology Development Organization under the “Post-5G Information and Communication Systems Infrastructure Enhancement R&D Project / Development of Advanced Semiconductor Manufacturing Technology (Commissioned).” These projects are part of the “Research and Development of 2nm-Generation Semiconductor Integration Technology and Short Turnaround Time (TAT) Manufacturing Technology Based on Japan–U.S. Collaboration” and “Development of Chiplet, Package Design and Manufacturing Technology for 2nm-Generation Semiconductors.”
To support its evolution from the R&D stage to full-scale 2nm logic semiconductor manufacturing by 2027, Rapidus will continue to raise capital and financing from a mix of public and private sources.
About Rapidus Corporation
Rapidus Corporation aims to develop and manufacture the world’s most advanced logic semiconductors. We will create new industries together with our customers through the development and provision of services to shorten cycle times in design, wafer processes, 3D packaging and more. We will continue to challenge ourselves in order to contribute to the fulfillment, prosperity and happiness of people’s lives through the use of semiconductors.
[TABLE width="750px"]
[TR]
[td]Rapidus Corporation
Headquarters: 4-1 Kojimachi, Chiyoda-ku, Tokyo 102-0083, Japan
Founded: August 10, 2022
Business Areas: Development, design, manufacture, and sale of semiconductor devices, integrated circuits and other electronic components
Capital (as of June 5, 2026): 424.95 billion yen (including legal capital surplus)[/td]
[/TR]
[/TABLE]
U.S. Media Contact:
Breakaway Communications for Rapidus
Email: rapidus@breakawaycom.com
The total received capital is 424.95 billion Japanese yen after this Japanese government investment.
That's equivalent to about US$2.65 billion. Isn't that too "light" for a leading edge foundry started from scratch? Does Rapidus really plan to start commercial production in 2027, next year?
The total received capital is 424.95 billion Japanese yen after this Japanese government investment.
That's equivalent to about US$2.65 billion. Isn't that too "light" for a leading edge foundry started from scratch? Does Rapidus really plan to start commercial production in 2027, next year?
Considering they are years behind TSMC and Intel Foundry? Yes. But Rapidus has a built in customer base (Japan) so no worries. I would included them in the NOT TSMC market but I would not consider Rapidus competitive with TSMC, Intel or Samsung.
Considering they are years behind TSMC and Intel Foundry? Yes. But Rapidus has a built in customer base (Japan) so no worries. I would included them in the NOT TSMC market but I would not consider Rapidus competitive with TSMC, Intel or Samsung.
I am not talking about the competitiveness of Rapidus. I am thinking about whether it has enough capital to begin commercial production "next year". IMO, US$2.65 billion is really not enough for a leading edge commercial fab started from scratch.
I am not talking about the competitiveness of Rapidus. I am thinking about whether it has enough capital to begin commercial production "next year". IMO, US$2.65 billion is really not enough for a leading edge commercial fab started from scratch.
That's no surprise. For warships like destroyers with similar capabilities, the Japanese can build one for about half of the cost of what an American shipyard would charge.
To support its evolution from the R&D stage to full-scale 2nm logic semiconductor manufacturing by 2027, Rapidus will continue to raise capital and financing from a mix of public and private sources.
I amazed its so little...
GF+SG Govt spent at least that building a FAB that may or may not be able to do 22nm if the process migration from US is completed.
What can you get for $2.65Bn these days?
