According to ME News, on August 3 (UTC+8), Moonshot AI plans to submit its Hong Kong IPO application as early as this month, potentially raising around $3 billion. Records show that Moonshot AI recently completed a $3.5 billion Series F financing round, pushing its post-money valuation to $35 billion. It is reported that, due to financing exceeding the target by more than three times, this round has already been closed ahead of schedule. The previously planned Series G round, originally set to begin in August, has also started early, with a pre-money valuation of $5 billion. A source close to Moonshot AI told TechNode directly: “They just raised $3.5 billion in the last round—now they’re saying they’ll raise only $3 billion in an IPO? That sounds a bit dubious.” However, as of publication, Moonshot AI has not publicly responded to or confirmed these reports. (Source: BlockBeats)
MetaEra to Apply for Hong Kong IPO This Month, Aiming to Raise $3 Billion
KuCoinFlashShare
Summary
MetaEra plans to file for a Hong Kong IPO this month, aiming to raise $3 billion amid positive developments regarding project funding. The company recently completed a $3.5 billion Series F round, valuing it at $35 billion post-money. The oversubscribed round concluded early, accelerating the Series G round, which now begins with a $50 billion pre-money valuation. A source close to the company told BlockBeats that raising $3.5 billion in the previous round makes the IPO’s $3 billion target appear modest. MetaEra has not officially commented on these reports.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.