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Total amount raised
$2.6B
Latest funding date
2026-02-17
Location
Moonshot AI has raised funding across multiple rounds, with the latest being a Series Unknown round closing in February 2026, raising over $700 million. The company is backed by prominent investors including Alibaba Group, Tencent Holdings, 5Y Capital, IDG Capital, Andon Health, Cathay Capital, Gaorong Capital, and HongShan (formerly Sequoia China).
What Is Moonshot AI?
Moonshot AI is a private company based in Haidian, Beijing, China. The company operates in various AI-related fields, including Artificial Intelligence, Foundational AI, Generative AI, Machine Learning, and Software.
Founded in 2023 with the mission to transform energy into intelligence, Moonshot AI has grown rapidly and is best known for its Kimi AI assistant. The company has raised funding across multiple rounds, attracting notable investors such as Alibaba Group, Tencent, IDG Capital, and HongShan.
How Much Funding Has Moonshot AI Raised?
- Series Unknown (Latest Round)
- Amount Raised: USD 700,000,000+
- Date: February 2026
- Lead Investors: Alibaba Group, 5Y Capital, Andon Health (co-leads); Tencent Holdings also participated
- Valuation at Round: USD 10,000,000,000–12,000,000,000
- Motivation Behind the Round: To accelerate Kimi AI's global expansion and scale AI infrastructure following rapid revenue growth.
- Series C
- Amount Raised: USD 500,000,000
- Date: December 2025 (announced January 2026)
- Lead Investors: IDG Capital (USD 150,000,000)
- Valuation at Round: USD 4,300,000,000
- Motivation Behind the Round: To aggressively expand GPU capacity and accelerate AI infrastructure investment plans.
- Series B (Extension)
- Amount Raised: USD 300,000,000
- Date: August 2024
- Lead Investors: Tencent Holdings, Gaorong Capital
- Valuation at Round: USD 3,300,000,000
- Motivation Behind the Round: To enhance domestic AI development and secure a leading position in the global AI market.
- Series B
- Amount Raised: USD 1,000,000,000+
- Date: February 2024
- Lead Investors: Alibaba Group, HongShan (formerly Sequoia China)
- Valuation at Round: USD 2,500,000,000
- Motivation Behind the Round: To back Moonshot AI's large language model development; Alibaba acquired approximately 36% stake.
- Seed / Early Round
- Amount Raised: USD 60,000,000
- Date: 2023
- Lead Investors: HongShan (formerly Sequoia China), Zhen Fund
- Valuation at Round: Approximately USD 300,000,000
- Motivation Behind the Round: To kickstart the company's operations, initial development, and Kimi AI chatbot rollout.
Total Amount Raised: At least USD 2,560,000,000 based on disclosed funding. Current Valuation: USD 10,000,000,000–12,000,000,000 (as of February 2026).
Key Investors
- Alibaba Group
- Details: Alibaba Group is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. It is one of the world's largest retailers and e-commerce companies. Alibaba led Moonshot AI's Series B and acquired approximately 36% equity stake.
- Investment Focus Areas: E-commerce, cloud computing, AI
- Notable Investments: Moonshot AI, Baichuan, MiniMax
- Tencent Holdings
- Details: Tencent is a Chinese multinational conglomerate holding company known for its internet-related services and products. It participated in Moonshot AI's Series B extension (August 2024), Series C, and the February 2026 round.
- Investment Focus Areas: Social media, gaming, fintech, AI
- Notable Investments: Moonshot AI, Epic Games, Tesla
- IDG Capital
- Details: IDG Capital is a global investment firm with a focus on venture capital, private equity, and mergers and acquisitions. It led Moonshot AI's Series C round with a USD 150 million contribution.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Moonshot AI, Xiaomi, Tencent Music
- HongShan (formerly Sequoia China)
- Details: HongShan is a leading venture capital firm in China, formerly operating as Sequoia Capital China. It was among the earliest institutional backers of Moonshot AI, co-leading the seed round and the Series B.
- Investment Focus Areas: Technology, consumer internet, enterprise software
- Notable Investments: Moonshot AI, ByteDance, Pinduoduo
- Gaorong Capital
- Details: Gaorong Capital is a venture capital firm that focuses on early- to growth-stage investments in technology-driven companies. It participated in Moonshot AI's August 2024 funding round.
- Investment Focus Areas: Technology, healthcare, consumer internet
- Notable Investments: Moonshot AI, Pinduoduo, Kuaishou
What's Next for Moonshot AI?
Moonshot AI stands at the cusp of significant growth, buoyed by substantial investments from tech giants like Tencent and Alibaba. With a valuation of $3.3 billion, the company is well-positioned to leverage China's $40 billion state investment fund aimed at boosting the semiconductor and AI industries. This financial backing provides a robust foundation for Moonshot AI to expand its technological capabilities and market reach.
Future fundraising opportunities appear promising, with continued interest from major tech companies and venture capitalists. The company's strategic positioning as one of China's 'Six Little Dragons' further enhances its appeal to investors. However, Moonshot AI must navigate intense competition and regulatory challenges, particularly those stemming from international restrictions on semiconductor exports. Maintaining rapid innovation will be crucial for sustaining its competitive edge in the fast-evolving AI market.
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