Japanese AI company Sakana AI completes 30 billion yen Series A financing, with a valuation of 1.5 billion US dollars

PANews reported on September 18 that Japanese AI startup Sakana AI raised about 30 billion yen (about 214 million U.S. dollars) in the latest Series A financing, bringing the company's valuation to 1.5 billion U.S. dollars. The financing was supported by major Japanese companies such as Mitsubishi UFJ, Sumitomo Mitsui, Mizuho Financial Group, NEC, KDDI, and Fujitsu. Sakana AI is committed to providing energy-efficient AI solutions, especially for countries with limited resources, and has received investment from world-renowned companies such as NVIDIA.