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Moonshot AI raises over $3.5b in series F: report

Beijing-based AI startup Moonshot AI, which develops the Kimi chatbot, has completed a series F funding round of more than US$3.5 billion, according to a report.

The round valued the company at US$35 billion on a post-money basis.

The report said Moonshot AI closed the round ahead of schedule after raising more than 3x its target.

The report added that Moonshot AI has also started its planned series G pre-IPO round earlier than expected.

The round had originally been scheduled to begin in August, and the company’s pre-money valuation has risen to US$50 billion.

🔗 Source: Cailianshe

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