Moonshot is reportedly seeking a new round of funding of up to $2 billion, with a target valuation of $30 billion.

TechFlow News, June 8: According to Bloomberg, Moonshot AI is in preliminary discussions with potential investors for a new funding round, aiming to raise over $1 billion—up to $2 billion—with a target valuation of $30 billion. The report states this would be the company’s third funding round within six months, intended to address intensifying AI competition in China.

According to sources familiar with the matter, Moonshot AI’s valuation will reach $20 billion upon completion of its upcoming funding round led by Meituan; if the current round closes successfully, its valuation will increase approximately sevenfold from over $4 billion as of December 2025.