Moonshot AI's Kimi Secures $2B Funding, Valuation Exceeds $20B Post‑Investment
On May 6, Chinese LLM firm Moonshot AI (Kimi) announced $2B in new funding, led by Meituan Dragon Ball, with participation from China Mobile, CPE Source and others. Post‑money valuation exceeds $20B, quadrupling in six months, with total funding over **$3.9B**. Its flagship K2.6 is a 1T‑parameter MoE model supporting ultra‑long context and high‑intensity code generation, beating multiple closed‑source models on key coding benchmarks. Kimi’s annualized revenue (ARR) rose from $100M in early March to $200M in April, outperforming commercialization expectations.
#MoonshotAI #Kimi #AIFunding #ChinaAI
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