Kimi Operator Moonshot AI Valued at $20B+ After $2B Funding Round

Moonshot AI closed a roughly $2 billion funding round led by Meitun Longzhu, with support from investors including China Mobile.

The round valued the Chinese LLM startup at more than $20 billion, boosting its total financing to about RMB 37.6 billion.

The deal reinforces investor confidence in China’s foundation-model sector and adds a major state-owned telecom investor to the mix.

With this raise, Moonshot AI further solidifies its lead as China’s best-funded LLM startup.