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Stock impact report

Sakana AI raises $135M Series B at a $2.65B valuation to continue building AI models for Japan [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
As U.S. giants like Google, OpenAI and Anthropic race to develop the large language models that underpin their AI products, startups such as Sakana AI Mistral AI DeepSeek and AI21 Labs are carving out their own niche with specialized models designed for specific regions, industries, or unique features. In pursuit of that goal, Tokyo-based Sakana AI has closed a ¥20 billion (approximately $135 million) Series B funding round, which values the company at $2.65 billion post-money, up from a pre-money valuation of $2.5 billion, CEO David Ha told TechCrunch. Founded in 2023 by former Google researchers Llion Jones, Ren Ito and Ha, Sakana AI makes affordable generative AI models that work well with small datasets and are optimized for the Japanese language and culture. The Series B round drew a mix of new and returning investors, combining Japan's financial heavyweights like Mitsubishi UFJ Financial Group (MUFG) with global venture players such as Khosla Ventures, Macquarie Capital, Show less Read more
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