Moonshot AI

Summary active Updated May 7, 2026

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Location Beijing, China
Founded 2023
Latest Stage Late Stage
Total Raised $3.9B+
Website https://www.moonshot.cn/
Sector
ai llm open-source-ai generative-ai

Founders

Yang Zhilin Co-Founder & CEO

About

Moonshot AI is a Beijing-based artificial intelligence lab founded in 2023 by Yang Zhilin, a former Meta AI and Google Brain researcher 1. The company develops the Kimi series of open-weight large language models, including Kimi K2.5 and K2.6, which have made Moonshot one of China’s most prominent AI labs 1. The company’s annualized recurring revenue topped $200 million in April 2026, driven by paid subscriptions and API usage of the Kimi chatbot and AI model services 12. Moonshot is exploring a Hong Kong IPO under Beijing’s new listing rules for overseas-registered entities 3.

Funding History

Date Round Amount Lead Co-investors
2026-05-07 Late Stage $2B Long-Z Investment (Meituan) Tsinghua Capital, China Mobile, CPE Yuanfeng 123

The May 2026 round valued Moonshot AI at more than $20 billion, up from $10 billion earlier in 2026 and $4.3 billion at the end of 2025 12. The company has raised approximately $3.9 billion over the six months preceding the announcement 13.

What Investors Say

No independently sourced investor quotes found.

What Founders Say

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Sources

  1. TechCrunch, “China’s Moonshot AI raises $2B at $20B valuation as demand for open source AI skyrockets,” May 7, 2026. https://techcrunch.com/2026/05/07/chinas-moonshot-ai-raises-2b-at-20b-valuation-as-demand-for-open-source-ai-skyrockets/↩↩↩↩↩↩

  2. Bloomberg, “Kimi Chatbot Maker Moonshot AI Valued at $20 Billion in Meituan-Led Round,” May 7, 2026. https://www.bloomberg.com/news/articles/2026-05-07/kimi-chatbot-maker-moonshot-ai-valued-at-20-billion-in-meituan-led-round↩↩↩

  3. South China Morning Post, “Kimi developer Moonshot AI valued at US$20b as it navigates China’s new IPO rules,” May 7, 2026. https://www.scmp.com/tech/article/3352751/kimi-developer-moonshot-ai-valued-us20b-it-navigates-chinas-new-ipo-rules↩↩↩