Sakana AI prepares an IPO as early as autumn 2027 that could top Mercari's ¥680 billion listing, Nikkei reports
Sakana AI is preparing an initial public offering in Japan or the United States as early as autumn 2027, according to MLQ, citing Nikkei Asia. The valuation could exceed the ¥680 billion ($4.3 billion) valuation at which Mercari listed.
The Tokyo-based AI company has hired Goldman Sachs as an adviser. The possible venues are the Tokyo Stock Exchange and Nasdaq.
Sakana AI raised ¥20 billion ($135 million) in November 2025 at a $2.65 billion valuation. Founded in 2023, the company builds AI that works in Japanese and works with financial institutions including MUFG and Daiwa.
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