Beijing-based Moonshot, which makes the Kimi chatbot, is in talks to raise up to $2B at a $30B valuation, up from a $20B+ valuation in a May round
Moonshot AI is seeking as much as $2 billion in a new funding round that would value the startup at $30 billion …
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Kimi Chatbot Maker Moonshot AI Eyes $30B Valuation in New Round
Beijing-based Moonshot AI is looking to raise up to $2B, pushing its valuation to $30B from $20B.
Moonshot AI, the Beijing-based startup behind the Kimi chatbot, is gunning for a massive new funding round. The company is in talks to raise between $1 billion and $2 billion in fresh capital.
The deal would peg Moonshot's valuation at $30 billion — a 50% jump from the $20 billion it scored in its most recent round. That's a staggering leap for a company building conversational AI in one of the world's most competitive markets.
The fundraise signals continued investor appetite for Chinese AI startups despite an increasingly crowded field. Kimi has carved out a notable position among China's growing roster of chatbot products, and this round would put Moonshot firmly among the most valuable AI startups globally.
Details on potential investors haven't been disclosed. The round is still being negotiated.