Beijing-based AI startup Moonshot AI added the Social Security Fund Yangtze River Delta Technology Innovation Equity Investment Fund (Shanghai) Partnership (Limited Partnership) and several other institutions as shareholders,  according to business registry records.

The filling also showed its registered capital increased from 1 million yuan (US$147,000) to 1.5 million yuan (US$224,000).

A person familiar with the matter said the filing reflects a historical equity investment completed in 2025, rather than a new funding round.

Public records show Moonshot AI was founded in April 2023. The change means national sci-tech innovation capital has entered the company’s shareholder base.

The move also fits a broader trend of state-backed capital flowing into China’s large-model sector.

In 2023, Zhipu Huazhang added the Social Security Fund Zhongguancun Independent Innovation Special Fund as a shareholder. Guozhi Investment and the Beijing AI Industry Fund are also investing in AI companies including Moonshot AI and DeepSeek.

Separately, Moonshot AI’s previous funding round at a US$20 billion valuation has been completed. The company has started a new round at a pre-money valuation of US$31.5 billion.

🔗 Source: Cailianshe

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