Rapidus: got total 167.6B yen in funding from 32 companies
TL;DR
Japan's Rapidus secured ¥267.6 billion in funding, with over half from private companies, to boost semiconductor production using advanced 2nm/3nm technologies. The government retains strategic influence, holding 10% voting rights and an option to increase control if needed, amid global chip competition.
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Rapidus: got total 167.6B yen in funding from 32 companies
Japan’s Rapidus Secures ¥267.6 Billion in Funding, With Government Retaining Strategic Influence
On February 27, 2026, Japan’s Ministry of Economy, Trade, and Industry announced that state-backed chipmaker Rapidus has secured ¥267.6 billion ($1.72 billion) in new investment, with over half of the funding sourced from private-sector entities. This marks a significant step in Japan’s efforts to bolster its semiconductor manufacturing capabilities amid global supply chain shifts and rising demand for advanced chips.
The investment round underscores private-sector confidence in Rapidus’ long-term viability, as companies contributed more than ¥133.8 billion (50%) of the total funding. The remaining portion is expected to come from government-backed channels, aligning with Japan’s broader strategy to strengthen domestic semiconductor production. Rapidus, which aims to develop next-generation chips using 2nm and 3nm technologies, has previously collaborated with global partners such as Intel and IBM to advance its R&D goals.
While the government is not the largest direct investor in this round, it has retained strategic influence through its ownership structure. Under disclosed terms, the Japanese government holds approximately 10% of voting rights in Rapidus but reserves the right to increase its stake to over 50% if the company faces insolvency. This contingency clause ensures the government can maintain operational control during financial distress, reflecting its commitment to safeguarding national interests in critical infrastructure.
The funding announcement comes amid heightened global competition in semiconductor manufacturing, with countries such as the U.S. and China investing heavily in domestic production. Rapidus’ progress will be closely watched as a key indicator of Japan’s ability to compete in this strategic sector.
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Nikkei Asia: Nikkei Asia
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