Moonshot AI raises $700M in a venture round

Moonshot AI develops large language models, multimodal AI systems, and developer APIs, including Kimi K3. The company announced a $700M venture round on February 17, 2026, from its base in Haidian, CN. Investors and valuation were not disclosed in Crunchbase's round record; Lounge adds them as they are reported. It has raised more than $100M in total venture funding.