Anthropic Plans to Raise $3–3.5 Billion in Japanese Market

November 11: According to Jin10, Anthropic is seeking to raise $3 billion to $3.5 billion from Japanese investors. After formally launching its IPO roadshow, the company has folded the Japanese market into its fundraising plans. According to a filing with Japan's Ministry of Finance, Anthropic plans to sell 38.5 million to 50 million shares to Japanese investors at a reference price range of $70 to $78 per share. Earlier this month the company said its fundraising target was up to $3.5 billion. Anthropic has disclosed its IPO plan, under which it intends to sell up to $64.4 billion worth of shares. Based on the number of shares outstanding listed in the filing submitted on Tuesday, the company is valued at about $1 trillion; calculated on a fully diluted share basis, its valuation is about $1.4 trillion.

Anthropic's offering in Japan is an "unlisted public offering" aimed at attracting Japanese households with ample domestic funds. Such transactions also help Mizuho Financial Group further strengthen its standing as a coordinator of large deals.