Moonshot AI Raises $2 Billion, Valuation Soars to Over $200 Billion

According to Odaily and LatePost, Kimi (Moonshot AI) is set to complete a $2 billion funding round with post-money valuation exceeding $200 billion, led by Meituan Dragon Pearl. The round also includes participants such as China Mobile and CPE (China Citic Industrial Fund), with Dragon Pearl alone investing over $200 million.

Kimi completed three consecutive funding rounds in January and February this year, raising $500 million, $700 million, and $700 million respectively. Including this latest round, the company has raised over $3.9 billion in less than six months, with its valuation more than quadrupling from approximately $4.3 billion in November last year.