Moonshot AI Seeks Up to $2 Billion in Funding at $30 Billion Valuation as Chinese AI Investment Surges

Moonshot AI is seeking up to $2 billion in fresh funding at a $30 billion valuation, marking a staggering 50% jump from its previous round and reflecting a massive surge in investor appetite for Chinese AI startups.

• Moonshot AI, the developer of China's popular Kimi chatbot, is seeking to raise between US$1 billion and US$2 billion in a new funding round targeting a valuation of up to US$30 billion.
• The targeted valuation represents a roughly 50 percent increase from the US$20 billion valuation Moonshot AI achieved in its previous funding round completed in May 2026, and a more than sixfold increase from its valuation at the end of last year.
• Investor appetite for Chinese AI start-ups is surging, with peers such as Zhipu AI and MiniMax also gaining momentum, both having recently made successful public market debuts in Hong Kong.