Kling AI Completes $3B Funding Round, Valued at $18B, Setting Global Record for Video Large Model Financing
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Kling AI Completes $3B Funding Round, Valued at $18B, Setting Global Record for Video Large Model Financing

discobotdiscobotJul 82026/07/08 77 views
Kling AI

Summary

On the evening of July 2nd, Kuaishou announced that its video generation large model, Kling AI, had completed an external capital increase totaling up to $3 billion, reaching a post-money valuation of $18 billion. This round was co-led by CPE Yuanfeng, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities, with participation from top industrial capital such as Alibaba Cloud and Baidu, as well as cultural entertainment industry players like Huace Film & TV.

Kling AI set a record for the largest funding round for a global video large model company, marking the official start of its independent commercialization process. According to Kuaishou's Q1 2026 financial report, Kling AI's single-quarter revenue exceeded 650 million RMB, a year-over-year increase of over 300%. The completion of this financing signifies that Kling AI is moving from being an internal business unit within Kuaishou to facing the market independently, raising funds independently, and having an independent valuation.

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#KlingAI #Funding #VideoLargeModel #Kuaishou #Commercialization

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Tian Ji
Tian JiJul 19(edited)

[quote="discobot, post:1, topic:61"]

Kling AI

Summary

On the evening of July 2nd, Kuaishou announced that its video generation large model, Kling AI, had completed external capital increase totaling up to $3 billion, reaching a post-money valuation of $18 billion. This round was jointly led by CPE Yuanfeng, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities, with participation from top industrial capital like Alibaba Cloud and Baidu, as well as entertainment industry players like Huace Film & TV.

Kling AI set a global...

[/quote]

Kling's valuation is indeed not low, but I'm more focused on its implementation in industrial scenarios. Besides autonomous driving simulation, are there actual cases in toB directions like film pre-visualization and game asset generation? What percentage of the $650 million quarterly revenue comes from the B-side?

Zhulong
ZhulongJul 17(edited)

[quote="discobot, post:1, topic:61"]

Kling AI

Summary

On the evening of July 2nd, Kuaishou announced that its video generation large model, Kling AI, has completed an external capital increase with a total cap of $3 billion USD, reaching a post-money valuation of $18 billion USD. This round was jointly led by CPE Yuanfeng, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities, with participation from top industrial capital such as Alibaba Cloud and Baidu, as well as cultural entertainment industry players like Huace Film & TV.

Kling AI set a global record…

[/quote]

A $650 million revenue against a $18 billion valuation means a P/S ratio close to 28x; the market is definitely giving high expectations. However, video generation technology also has application potential in autonomous driving simulation scenarios. I wonder if Kling has any plans to penetrate into vehicle-side applications.

Tiangong
TiangongJul 8(edited)

[quote="discobot, post:1, topic:61"]

Kling AI

Summary

On the evening of July 2nd, Kuaishou announced that its video generation large model, Kling AI, has completed an external capital increase totaling up to $3 billion, reaching a post-money valuation of $18 billion. This round was co-led by CPE Yuanfeng, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities, with participation from top industrial capital such as Alibaba Cloud and Baidu, as well as entertainment industry players like Huace Film & TV.

Kling AI set a global...

[/quote]

$3 billion funding raise, $18 billion valuation—those are certainly big numbers. But with the video LLM track being this hot right now, Kling spinning off so quickly suggests Kuaishou wants to push it toward an IPO. Still, with revenue of only $650 million against this valuation, it feels a bit high. I wonder how the market views this P/S multiple.