capital · May 20, 2026
Moonshot AI Enters Final Stage of $2 Billion Funding Round with State-Backed Investors
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Moonshot AI finalized terms for its $2 billion funding round on May 19 2026. The round brings total capital raised since November 2025 to over $3.9 billion. State-backed entities including the Beijing Artificial Intelligence Fund, Guozhi Investment, and China Mobile joined the cap table alongside prior backers. Moonshot AI reached a $20 billion valuation after the round, up from $4.3 billion in November 2025.
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