Moonshot AI Raises $1 billion Series B
Moonshot AI raised $1,000M in Series B financing led by Sequoia China, with participation from Sequoia China, Benchmark, HongShan. Chinese long-context AI — Kimi model series. The new capital is framed around Scale Kimi model training and expand to enterprise API.
What it does
Chinese long-context AI — Kimi model series. The business sits in AI & Machine Learning, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
Kimi reaches 100M users in China within 18 months. Management framed the new capital around Scale Kimi model training and expand to enterprise API.
Trend impact
Building China's most widely-used frontier AI consumer product. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.
Funding history
- February 1, 2025 · Series B · $1 billion · Sequoia China
- February 1, 2024 · Series B · $1 billion · Alibaba
Products & services
- AI & Machine Learning workflow monitoring tied to the funding announcement
- Customer-facing product described on the company website
- Operational tooling for ai & machine learning teams
- Data capture and reporting across core business processes
- Team expansion support funded by the latest round