---
title: "Kimi reportedly nears $2 billion funding round at over $20 billion valuation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285476868.md"
description: "Kimi developer Moonshot AI is nearing a $2 billion funding round, valuing the company at over $20 billion. The round is led by Meituan’s Long-Z Fund, with participation from China Mobile and CPE. This follows three previous funding rounds in early 2023, totaling $1.9 billion, bringing the total raised to over $3.9 billion in less than six months, making it the most-funded startup among China's large model companies."
datetime: "2026-05-07T03:06:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285476868.md)
  - [en](https://longbridge.com/en/news/285476868.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285476868.md)
---

# Kimi reportedly nears $2 billion funding round at over $20 billion valuation

Kimi developer Moonshot AI is close to completing a new $2 billion funding round that would value the company at more than $20 billion, according to LatePost. The round is reportedly led by Meituan’s Long-Z Fund, with China Mobile and CPE joining as investors.

Moonshot AI had already completed three funding rounds in January and February totaling $1.9 billion. With the new round, the company would have raised more than $3.9 billion in less than six months, making it the most-funded startup among China’s large model companies. \[LatePost, in Chinese\]

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