Kimi's parent company raises $3.5B, valuation hits $35B, and Series G is already underway
Moonshot AI's subsidiary Kimi has just wrapped up a blockbuster Series F funding round, raking in over $3.5 billion. The post-money valuation now stands at a staggering $35 billion. But here's the kicker: the round was supposed to be bigger, but demand was so overwhelming—more than three times the target—that they had to close it early.
And the momentum isn't letting up. The Series G round, originally penciled in for August, has already started early, with a pre-money valuation of $50 billion. That's a jump of $15 billion in what feels like no time at all. From the close of Series F to the start of Series G, there was barely a pause—capital is chasing Kimi with a fervor that's accelerating by the month.
What's driving this frenzy? Kimi, known for its AI-powered assistant, has been making waves in the tech world. The company's rapid growth and ambitious plans have clearly caught the eye of investors who see huge potential. With each round oversubscribed and valuations climbing, Kimi is on a steep upward trajectory in the primary market.
This isn't just about money—it's a signal. The fact that Series G is already in motion before Series F even fully settles shows just how hot this company is. For observers, it's a clear indicator that the AI sector remains a red-hot investment arena, and Kimi is one of its brightest stars.
Key Points
- Funding Round: Series F raised over $3.5 billion, oversubscribed by 3x.
- Valuation: Post-money valuation hit $35 billion; Series G pre-money set at $50 billion.
- Timeline: Series G started early, before Series F officially closed.
- Investor Sentiment: Capital is aggressively pursuing Kimi, with no slowdown in sight.