Rapidus Secures 267.6 Billion Yen in Funding, Aims for 2nm Mass Production by 2027

On February 27, Rapidus announced on its official website that it has completed a total financing of 267.6 billion yen (approximately RMB 11.8 billion), with funds coming from the Japanese government and private enterprises. Among this, an independent administrative agency under Japan's Ministry of Economy, Trade and Industry injected 100 billion yen (approximately RMB 4.4 billion). Rapidus will secure funding based on investments and loans from the government and private sector, steadily transition from the current research and development phase to the mass production of 2nm logic semiconductors and plans to achieve mass production goals by 2027.