{"id":17332,"date":"2026-03-15T21:29:56","date_gmt":"2026-03-15T21:29:56","guid":{"rendered":"https:\/\/jobuzo.com\/en\/china-ai-start-up-moonshot-snags-funds-at-us18-billion-valuation\/"},"modified":"2026-03-15T21:29:56","modified_gmt":"2026-03-15T21:29:56","slug":"china-ai-start-up-moonshot-snags-funds-at-us18-billion-valuation","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/china-ai-start-up-moonshot-snags-funds-at-us18-billion-valuation\/","title":{"rendered":"China AI start-up Moonshot snags funds at US$18 billion valuation"},"content":{"rendered":"
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Moonshot AI is seeking to raise as much as US$1 billion in an expanded funding round that would value the start-up at about US$18 billion, more than quadrupling its valuation in just three months and underscoring growing interest in Chinese artificial intelligence<\/span> developers racing to rival Silicon Valley leaders.<\/div>\n
The company behind the Kimi chatbot kicked off discussions for the latest round, people familiar with the matter said, after securing more than US$700 million earlier this year, which valued it at US$10 billion. That marks a significant jump from its US$4.3 billion valuation in a US$500 million tranche<\/span> towards the end of last year, according to the people, who asked not to be named discussing private information.<\/div>\n

It is unclear who is taking part in the latest round, but Moonshot backers including Alibaba Group Holding, Tencent Holdings and 5Y Capital increased their bets at the US$10 billion level, Bloomberg News reported last month.<\/p>\n

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A Moonshot spokesperson did not respond to requests seeking comment.<\/p>\n

The speed of Moonshot’s fundraising reflects growing investor appetite for a group of Chinese start-ups vying with the likes of OpenAI and Anthropic to develop world-class AI services. In Hong Kong, rivals Zhipu<\/span> and MiniMax Group<\/span> have recently traded at valuations between US$30 billion and US$40 billion, with MiniMax at one point surpassing Chinese internet incumbent Baidu in market capitalisation.<\/div>\n
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Part of the frenzy was ignited by the breakout hit of open-source agent OpenClaw<\/span>, prompting China’s top cloud providers and AI upstarts to launch their own versions for seamless adoption.<\/div>\n<\/div>\n

China AI start-up Moonshot snags funds at US$18 billion valuation<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Moonshot AI is seeking to raise as much as US$1 billion in an expanded funding round that would value the start-up at about US$18 billion, more than quadrupling its valuation in just three months and underscoring growing interest in Chinese artificial intelligence developers racing to rival Silicon Valley leaders. The company behind the Kimi chatbot…<\/p>\n

Read More “China AI start-up Moonshot snags funds at US$18 billion valuation”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":17333,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/17332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=17332"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/17332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/17333"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=17332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=17332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=17332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}