AI Fund Flows

Japanese Government ↔ Rapidus: every deal

All 4 deals between Japanese Government and Rapidus: $18.5B in total since Mar 31, 2025, with dates, status and sources. Updated Nov 9, 2026.

Japanese Government → Rapidus
$18.5B
Oct 20, 2026Investmentreported$2.7B
🇯🇵 Japanese Government → 🇯🇵 Rapidus · ¥400bn over 3 years to FY2029 (≈$2.7bn at ~150¥/$, indicative)

Japan's industry ministry plans to invest another ¥400bn in Rapidus through FY2029, taking state equity to ¥650bn. It is a plan, not yet budgeted.

Apr 11, 2026Investmentannounced$4B
🇯🇵 Japanese Government → 🇯🇵 Rapidus · ¥631.5bn (≈$3.96bn, Reuters)

Japan approved an additional ¥631.5bn for Rapidus' 2nm R&D, bringing total R&D support to ¥2.354tn.

Nov 24, 2025Investmentreported$6.4B
🇯🇵 Japanese Government → 🇯🇵 Rapidus · ≈¥1tn over FY2026-27 (≈$6.4bn at ~156¥/$, estimate)

Nikkei reported METI will extend about ¥1tn more to Rapidus over FY2026-27, including equity injections, lifting total support to ¥2.9tn.

Mar 31, 2025Investmentannounced$5.4B
🇯🇵 Japanese Government → 🇯🇵 Rapidus · ¥802.5bn (≈$5.4bn at the day's rate)

Japan's industry ministry approved up to ¥802.5bn in FY2025 subsidies for Rapidus as it starts its 2nm pilot line in Chitose. Total state support rises to ¥1.72tn.