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Rapidus was established in august 2022 with the support of eight major japanese companies Founded in 2022, rapidus is not your typical startup—it brings together the strength of japan’s government backing and backing from some of the country’s biggest titans, including sony, softbank, and toyota. Denso, kioxia, mufg bank, nec, ntt, softbank, sony, and toyota
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The goal of rapidus is to increase advanced semiconductor manufacturing capacity with a 2 nm process by 2027. The report also indicates that these existing shareholders have agreed to provide additional funding. Rapidus is gauging appetite for investments totaling ¥80 billion from existing shareholders including toyota motor corp., sony group corp., softbank corp
And mufg bank, according to people.
Eight major japanese technology and automotive firms are partnering to launch a semiconductor manufacturing company 'rapidus' will also be backed by the japanese government, which is investing 70 billion yen ($500 million) in the endeavor. At the heart of japan’s economic strategy, rapidus was founded in 2022 by the joint funding of the ministry of economy, trade, and industry (meti) and a group of eight leading corporations,. Last april, softbank began construction of japan’s largest data center in hokkaido, investing 65 billion yen with about 45 percent subsidized by the government
The facility is located near rapidus, feeding speculation that it will source chips from the new foundry. In april 2025, softbank began constructing japan's largest data center near rapidus's manufacturing facility in hokkaido, with the project receiving about jpy65 billion in government. Rapidus is a semiconductor manufacturing company whose mission is to make people happier, more prosperous and more fulfilled through semiconductors It is committed to innovation, human resource development, and truly green business practices.
Moneydj notes that rapidus was established in august 2022 with joint investment from japanese companies including toyota, sony, ntt, nec, softbank, denso, kioxia, and mitsubishi ufj
