Moonshot Aiming for New Funding Round with $4.8 Billion Pre-Valuation

KuCoinFlash

Release Time: 01/20/2026 02:47:11

Summary

Moonshot (Kimi) is preparing for a new funding round with a $4.8 billion pre-money valuation, an increase from $4.3 billion in recent weeks. The round is expected to close soon, although the company has not confirmed specific details. Earlier, on December 31, 2025, Moonshot secured a $500 million Series C round led by IDG, with strong oversubscription from Alibaba, Tencent, and Wang Huiwen. This latest funding news underscores continued investor confidence. New token listings on major platforms may follow the funding announcement.

BlockBeats news: On January 20, according to the *Star of the Sci-Tech Innovation Board* report, Moonshot AI (Kimi) is finalizing a new round of financing, with a pre-money valuation reaching $4.8 billion. The company's valuation was $4.3 billion several weeks ago. It is understood that this round of financing will be completed soon. Moonshot AI has not yet commented on this financing.

Before December 31, 2025, Moonshot AI (Kimi) disclosed that it recently completed a $500 million Series C funding round, led by IDG with $150 million. Existing investors such as Alibaba, Tencent, and Wang Huiwen oversubscribed their shares, giving the company a post-money valuation of $4.3 billion. Yang Zhilin, founder and CEO of Moonshot AI, announced in an internal letter that the company holds cash reserves exceeding 10 billion yuan. This amount is comparable to the cash reserves of Zhipu AI and MiniMax after their IPOs. As of June 2025, Zhipu AI had 2.55 billion yuan in cash, with an estimated IPO fundraising of about 3.8 billion yuan. As of September 2025, MiniMax had 7.35 billion yuan in cash, with an estimated IPO fundraising of 3.4 to 3.8 billion yuan. According to sources, this means Moonshot AI "does not need to rush for an IPO."

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