Open-Source AI Developer Moonshot AI Raises $2B at $20B+ Valuation

Moonshot AI hits $20B after $2B raise, becoming China's top-funded LLM startup

Moonshot AI has raised $2B in a round led by Long-Z Investments, the venture arm of Meituan, China’s dominant food delivery giant. The raise pushes Moonshot’s valuation to over $20B, up from $4.3B just six months ago, making it the most well-capitalised private LLM startup in China, ahead of MiniMax and Zhipu AI on total funding raised. Kimi K2.6 is now the second most-used LLM on OpenRouter globally, while rival DeepSeek is reportedly in talks …

Kimi Operator Moonshot AI Valued at $20B+ After $2B Funding Round

Moonshot AI, the company behind Chinese AI assistant Kimi, has closed a new funding round of approximately $2 billion, pushing its valuation above $20 billion, according to financial advisor Huafeng Capital. This marks the largest single funding in the company's history and brings its total fundraising to nearly $4 billion within just six months. The round was led by Meitun Longzhu, with participation from Shuimu Capital, China Mobile, and CPE源峰…

Open-source AI developer Moonshot AI raises $2B at $20B+ valuation

Chinese artificial intelligence lab Moonshot AI has raised $2 billion in funding at a valuation exceeding $20 billion. TechCrunch reported the deal today, citing a social media post from an investment advisory firm that was involved in the deal. The funding round was led by the venture capital arm of Meituan, China’s largest food delivery […] The post Open-source AI developer Moonshot AI raises $2B at $20B+ valuation appeared first on SiliconANG…

Moonshot AI’s $20 Billion Valuation Marks Rapid AI Funding Trajectory in China

Moonshot AI, the Beijing-based developer of the Kimi chatbot, is finalizing a $2 billion funding round at a post-money valuation exceeding $20 billion. Meituan's Dragon Ball investment arm leads the round, with China Mobile, CITIC Private Equity Funds, and other institutions joining in. Notably, Meituan Dragon Ball's contribution alone surpasses $200 million. This valuation jump represents a significant advancement for Moonshot, escalating its w…