Moonshot AI Targets US$50 Billion Valuation Ahead of Potential IPO
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Beijing-based AI start-up Moonshot AI is set to close its current funding round at a US$30 billion valuation and plans a subsequent round as early as August, targeting up to US$50 billion before a potential listing, according to a source familiar with the matter.
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Beijing-based Moonshot AI is in the process of closing a funding round at a US$30 billion valuation and plans another round soon after, aiming for a US$50 billion valuation before a public listing.
The Beijing-based company was set to close its current funding round at a US$30 billion valuation later this month or early next month, according to a person familiar with the matter. It planned to launch a subsequent round as early as August, the person added.
The start-up was targeting a valuation of up to US$50 billion, in what was expected to be its final private raise before listing, Bloomberg reported on Wednesday.
Moonshot did not immediately respond to a request for comment on Wednesday.
The breakneck pace of fundraising underscores the relentless momentum in China’s AI sector.
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Moonshot AI's current funding round will close at a US$30 billion valuation.
Sehr wahrscheinlich · Innerhalb von Wochen
Moonshot AI will launch a subsequent funding round targeting up to US$50 billion.
Wahrscheinlich · Innerhalb von Monaten
Offene Fragen
- When will the current funding round officially close?
- Who are the investors in the current and subsequent rounds?
- What is the exact target valuation for the subsequent round?
