Moonshot AI

Apps & Agents

Pre-IPO Round—2026-08-05

Pre-IPO financing has launched, targeting a pre-money valuation of USD 50B, with final closing planned for August 27; the company has completed joint-stock restructuring and expects to file with the HKEX before September 30, with listing anticipated in late 2026 or Q1 2027.

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Valuation: USD 50B (as of 2026-08)
Total funding: USD 7B
Data cutoff: 2026-08-20

Company Profile

Moonshot AI, founded in Beijing in 2023 by Yang Zhilin, specializes in long-context large models. Its Kimi assistant supports ultra-long text processing and deep research, while enterprise services target business clients, establishing it as a leading Chinese unicorn.

Founded: 2023
Headquarters: China
Website: www.moonshot.cn