Position in SVTR
Snapshot 2026-11-04- Startup Signals#4of 2,312–
- Foundation Models#4of 39–
- Multimodal#4of 68–
- Assistant#2of 62–
- Open Source#2of 57–
About
Moonshot AI (月之暗面), founded in 2023 in Beijing, China, develops its own large language models and offers the Kimi product line and open platform, providing long-context, multimodal, and Agent capabilities for both consumer and enterprise use cases.
Full tier & rationale — an SVTR Intelligence benefit
Timeline
Public events aggregated from this page; rating changes are member-only.
Capital graph
Company· 12
Investor· 10
Founders / team· 3
Funding history
- 2026-10-06Pre-IPO
Investors · UndisclosedSource · finance.yahoo.com ↗
- 2026-07-29Series F$3.5B
- 2026-05New funding round$2.0B
Investors · Long-Z Investment, Tsinghua Capital, CPE YuanfengSource · equalocean.com ↗
- 2026-03Series C$700M
Investors · Tencent, Jiuan, 5Y Capital, AlibabaSource · thepaper.cn ↗
- 2026-01Series C$500M
Investors · IDG Capital, Alibaba, TencentSource · SVTR Weekly #138 ↗
- 2024-08New funding round$300M
Investors · Alibaba, Gaorong Ventures, TencentSource · SVTR Weekly #065 ↗
- 2024-02Series A$1.0B
Investors · 小红书, 招商局中国基金, HongShan, Meituan Strategic Investment, AlibabaSource · wallstreetcn.com ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Moonshot AI
Develops the Kimi series of large models and open-sources their weights; offers the Kimi intelligent assistant, Kimi Code and an open platform API
Pre-IPO · $8.0B · 2026-10
$8.0B
United States
BusinessLatest roundTotal raisedDate- Anthropic
Develops the Claude series of large models and offers an API, the Claude assistant and the Claude Code programming tool…
IPO · $124B · 2026-10 · Valuation $965B
$124BValuation $965B - xAI
Develops the Grok series of large models and generative AI products; now the AI business under SpaceX…
Series D+ · $75B · 2026-01 · Valuation $230B
$75BValuation $230B - ReflectionAI
Open-weight frontier large model (Beam, a 501B-parameter MoE for coding, reasoning and agentic tasks…
Undisclosed · 2025-10 · Valuation $8.0B
—Valuation $8.0B
China
BusinessLatest roundTotal raisedDate- DeepSeek
Open-source large language model development and API/agent services
Series A · $7.2B · 2026-06 · Valuation $56B
$7.2BValuation $56B - Stepfun
General-purpose large model and multimodal AI company developing the Step series of language, speech and multimodal/GUI models
Pre-IPO · $3.3B · 2026-05
$3.3B - Mindverse
Post-training and continual learning for agent models…
Series A · $50M · 2026-06
$50M
Europe
BusinessLatest roundTotal raisedDate- Mistral AI
Develops open-weight large language models and provides supporting compute infrastructure…
Series D+ · 2026-09 · Valuation $24B
—Valuation $24B - H
Computer-use AI agent platform for large European enterprises.
Seed · $220M · 2024-05
$220M - Emulate
AI world model R&D: simulating and predicting physical-world behavior for robotics simulation and interactive 3D environments
—
Other / unspecified
BusinessLatest roundTotal raisedDate- UkisAI
Trains and open-sources efficient reasoning LLMs (Swift series), and provides custom AI solutions and AI training for enterprises
— - Cohere
Platform company that builds general-purpose and vertical large models for enterprises
Series D+ · $1.8B · 2026-10 · Valuation $26B
$1.8BValuation $26B - Sarvam AI
Builds large language models that support Indian languages
Series B · $275M · 2026-06 · Valuation $1.5B
$275MValuation $1.5B
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Qiming Venture Partners
3 Foundation Models deals in the last 24 months · 3 in North China
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.