WSJ Reports that Moonshot AI (maker of Kimi AI Models) is raising funds at a $4 Billion Valuation

Link -> https://www.wsj.com/tech/ai/chinas-moonshot-ai-raising-fresh-funds-that-could-value-it-at-about-4-billion-20562245?st=opD5kf&reflink=desktopwebshare_permalink

WSJ also reports that Moonshot AI will aim for an IPO in the 2nd half of 2026

Details on Moonshot AI’s Fund Raising and 2026 Potential IPO

1. Raising $300 Million or more at a $4 Billion valuation
2. Investors include Existing shareholder Tencent
3. Moonshot AI aims to close the round by end of 2025
4. Moonshot tells WSJ that they do not have any timeline for an IPO
   • So they are denying WSJ’s claim of 2nd half of 2026 IPO
   • That usually means WSJ got it right
5. Existing backers include Tencent, Alibaba Group, and VC firm HongShan Capital
6. Moonshot’s earlier Series B round was August 2024. It raised $300 million from Tencent and VC Capital firm Gaorong Capital