Moonshot Targets $10 Billion Valuation in New Funding Round

KuCoinFlash

Release Time: 02/17/2026 06:16:15

Summary

Moonshot is aiming for a $10 billion valuation in its new funding round, according to project funding news. The AI startup, known for its Kimi chatbot, has already secured over $700 million in commitments from investors including Alibaba, Tencent, and Wushan Capital. This follows a $500 million raise in late January at a $4.3 billion valuation. New token listings on major platforms are expected to follow once the funding is finalized.

BlockBeats report: On February 17, it was reported that AI startup Moonshot AI is seeking to raise its valuation to $10 billion in a follow-on funding round in which Alibaba (09988.HK) and Tencent Holdings (00700.HK) have participated, aiming to capitalize on strong investor interest in Chinese AI model startups.

According to sources, the company developing the Kimi chatbot initiated new fundraising talks in late January to meet investor demand. Just about a month earlier, the company had completed a $500 million funding round at a $4.3 billion valuation. Sources said that existing investors, including Alibaba, Tencent, and 5Y Capital, have already committed over $700 million in the first phase of the latest funding round. (Jin10)

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