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Moonshot AI

Chinese LLM lab behind the Kimi chatbot and K2 model family.
Moonshot AI is the Beijing-based LLM lab behind the Kimi chatbot (one of China's most-used consumer AI products) and the open-weight Kimi K2 model family. The Yang Zhilin-led company is reportedly closing a $2B round at a $20B valuation as of May 2026, with backing from Alibaba and Tencent.
AI 📍 Beijing, China Founded 2023
Current Valuation
$20B
as of 2026-Q2
DECACORN

QL Price

$20B
0% vs last round
QuantLogix's current estimate for Moonshot AI, published 2026-10-07 — in line with the last disclosed round of $20B (2026-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $20B 2026-Q2 weight 0.83
How this price has held up
No round has priced for Moonshot AI since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Moonshot AI →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Moonshot AI, 2026-10-07 (d267313ed09f8da6). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Moonshot AI going public?
No. Moonshot AI is private and has not filed to go public. There is no S-1 on file.
What is Moonshot AI's valuation in 2026?
Moonshot AI is valued at $20B as of 2026-Q2, set by its Series D ($2.0B, May 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Moonshot AI filed an S-1?
No public S-1 is on file for Moonshot AI.
Who are Moonshot AI's investors?
Moonshot AI's investors include Alibaba, Tencent, IDG Capital, Sequoia China, Meituan, Hongshan.
How much has Moonshot AI raised?
Moonshot AI has raised $3.8B in total, most recently a Series D of $2.0B in May 2026.
Is Moonshot AI publicly traded — can you buy Moonshot AI stock?
No. Moonshot AI is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Moonshot AI on its Pre-IPO Access Desk.
How to actually get exposure to Moonshot AI →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Yang Zhilin
Founded
2023
HQ
Beijing, China
Employees
~300
Total Raised
$3.8B
Growth
Hyper-growth (consumer + API)
Last Round
Series D — $2.0B (May 2026) · Lead: Undisclosed (existing + new)
IPO Status
private

Fundraising Status

Series D · $2.0B · 5 mo ago
privateTotal raised $3.8B

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series D$2.0BMay 2026Undisclosed (existing + new)—

Vertical Intelligence — AI / ML

Open models
19
Downloads (30d)
3,218,384
across all models
Followers
19,198
Top model
Kimi-K3
1,223,892 downloads / 30d
Attributed to Hugging Face organization "Moonshot AI" as of 2026-10-04. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗

Talent Signal

Hiring trend
▼ Hiring downtrend
-20% vs 2026-08
Open roles
4
via ashby
Product-build share
50%
engineering, research, product, design
Trajectory
tightening
product-led hiring — 50% of open roles build product; the rest are go-to-market and G&A.
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month5Aug '264Sep '26
Open roles by function
Open roles by functionEngineering2Marketing1Sales & GTM1
■ product-building   ■ go-to-market / G&A
Senior Software EngineerStaff Software EngineerHead of MarketingVP Sales
Counted from Moonshot AI's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Yang ZhilinZhou XinyuWu Yuxin

Investors

Alibaba · Tencent · IDG Capital · Sequoia China · Meituan · Hongshan

Products

  • Kimi (consumer chatbot)
  • Kimi K2 / K2.5 (open-weight LLM)
  • Moonshot Open Platform (API)

Competitors

DeepSeek · Zhipu AI · Baichuan · 01.AI · Alibaba Qwen · OpenAI
AILLMChinaOpen Source
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.