{"slug": "moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation", "title": "Moonshot AI reportedly closes $3.5 billion round at $35 billion valuation", "summary": "Moonshot AI has closed a $3.5 billion funding round at a $35 billion valuation, according to Bloomberg. The Beijing-based company's annual recurring revenue rose from $100 million in March to $300 million in June, and it is preparing for another private round that could value it at up to $50 billion before a potential Hong Kong listing.", "body_md": "Moonshot AI has reportedly closed a funding round that raised about $3.5 billion and valued the Beijing-based company at $35 billion. The round was roughly twice the upper end of the $1 billion to $2 billion target the company had initially set.\n\nThe financing comes as Moonshot prepares for another private round that could value it at up to $50 billion before a potential Hong Kong listing. The company’s annual recurring revenue reportedly rose from $100 million in March to $300 million in June, adding a business-growth metric to the valuation story. [[Bloomberg](https://www.bloomberg.com/news/articles/2026-07-29/china-s-moonshot-ai-passes-funding-goal-to-hit-35-billion-value)]", "url": "https://wpnews.pro/news/moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation", "canonical_source": "https://technode.com/2026/07/30/moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation/", "published_at": "2026-07-30 09:46:30+00:00", "updated_at": "2026-07-30 09:53:41.003184+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-startups"], "entities": ["Moonshot AI", "Bloomberg"], "alternates": {"html": "https://wpnews.pro/news/moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation", "markdown": "https://wpnews.pro/news/moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation.md", "text": "https://wpnews.pro/news/moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation.txt", "jsonld": "https://wpnews.pro/news/moonshot-ai-reportedly-closes-3-5-billion-round-at-35-billion-valuation.jsonld"}}