Moonshot AI Raises About $2 Billion at $20 Billion-Plus Valuation
Moonshot AI has raised about $2 billion in its latest funding round, completing the financing for the Chinese startup behind the Kimi chatbot at a valuation above $20 billion. Meituan's venture arm led the round, confirming a deal that had earlier been reported as nearing completion.
The financing signals growing investor appetite for Chinese AI startups competing with Silicon Valley leaders. Moonshot's annual recurring revenue topped $200 million in April 2026, adding a new measure of the company's scale.
From the sources (3 posts)
@mtsliveSITUATION DETECTED: Chinese startup Moonshot AI, maker of the Kimi models, is closing a $2B round at a $20B valuation, led by delivery giant Meituan.
@businessMoonshot AI has raised about $2 billion in its latest funding round, signaling growing investor appetite for Chinese startups rivaling Silicon Valley’s leaders
@techmemeMoonshot, the Chinese AI startup behind Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR topped $200M in April 2026 (@pingroma / Bloomberg) (Visit Techmeme dot com for the link and full context!)