Sakana AI, a Japanese generative AI startup, has announced a $135 million Series B funding round, amounting to 20 billion yen, bringing its post-money valuation to $2.65 billion. The round was led by Mitsubishi UFJ Financial Group (MUFG), with additional participation from new investors such as Khosla Ventures, Macquarie Capital, NEA, Lux Capital, and IQT.
The company was founded in 2023 by Llion Jones, Ren Ito, and CEO David Ha, former Google researchers. It focuses on lightweight models that are data-efficient, native to the Japanese language, and culturally appropriate for Japan. The funding will be used for R&D, expansion of engineering and sales teams, and plans to extend its enterprise business from finance to industrial, manufacturing, and government sectors by 2026, while actively seeking mergers, acquisitions, and strategic partnerships.
Sakana has already launched joint solutions with local giants such as Daiwa and MUFG this year, and claims its "sovereign AI" approach can efficiently build advanced models aligned with national values without engaging in large-scale pre-training competitions. To date, the company has raised approximately $379 million in total funding.
