{"id":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","kind":"companies","code":"UB-C923","name":"Moonshot AI","nameBasis":"source-english","summary":"Moonshot AI is a company in the LLMs sector headquartered in Beijing, China, founded in 2023.","description":"Moonshot AI is an AI large model startup.","country":"China","category":null,"originalName":"月之暗面","eventDate":null,"website":"https://moonshot.cn/","sourceUpdatedAt":"2026-10-05T00:00:00.000Z","englishUpdatedAt":"2026-10-15T20:10:08.730Z","reviewedAt":"2026-10-15T20:10:08.730Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a8cbf3f720371d621eb775a9f8bf6bea47405cabf285a74aa63cf2aa4ea0ca1f","companyId":null,"foundedYear":2023,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fcompany%2Frec7mkswoL%2F1a4df489ed5400f1f1890fb355afae37821ba180e6c6cd688574911b8fefe80c.png","originalText":"AI初创大模型公司\n\n月之暗面是一家AI初创大模型公司","sources":[],"related":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"7f4553b2-22cc-43aa-b354-6026e60a8c5f","kind":"institutions","code":"UB-I015","name":"Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership)","nameBasis":"transliterated","summary":"A Beijing municipal AI industry guidance fund focused on AI investments.","description":"A Beijing municipal AI industry guidance fund focused on AI investments.","country":null,"category":null,"originalName":"北京市人工智能产业投资基金（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.224Z","englishUpdatedAt":"2026-10-15T21:02:48.806Z","reviewedAt":"2026-10-15T21:02:48.806Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"faca6b45e67069432dba0cac7e9d5410da95daae29ad8db43ef7bb4db2436bbd","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/beijing-city-artificial-intelligence-industrial-investment-fund-limited-partnership"},{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"a7331e6f-31b6-41e9-be3c-084ebe9d9fe7","kind":"institutions","code":"UB-I019","name":"Gaorong Capital","nameBasis":"transliterated","summary":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","description":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","country":null,"category":null,"originalName":"高榕资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.139Z","englishUpdatedAt":"2026-10-15T21:41:18.630Z","reviewedAt":"2026-10-15T21:41:18.630Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7fa0e7e315ae3d1e83bdb160363ee12e882a601a724f02ad3a4d9678209fabc7","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/gaorong-capital"},{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"386b66e5-cefc-4f9b-9900-215c5d8b710d","kind":"products","code":"UB-D596","name":"Kimi","nameBasis":"original-brand","summary":"An AI assistant launched by Moonshot AI, featuring web search, deep thinking, multimodal reasoning, and extremely long-context conversations. It was the first intelligent assistant to support long texts of 200,000 Chinese characters.","description":"An AI assistant launched by Moonshot AI, featuring web search, deep thinking, multimodal reasoning, and extremely long-context conversations. It was the first intelligent assistant to support long texts of 200,000 Chinese characters.","country":null,"category":"Chatbots","originalName":"Kimi","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T09:14:30.269Z","englishUpdatedAt":"2026-10-15T21:29:27.871Z","reviewedAt":"2026-10-15T21:29:27.871Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c52dcfd985f23ed268c9318878dd1216db715e856f6bb5a4864bf98a35a5a2cd","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/kimi"},{"id":"e5028f8c-c6e7-424a-a7d2-794db68c2fc5","kind":"products","code":"UB-D1055","name":"Kimi Kaifangpingtai","nameBasis":"transliterated","summary":"Moonshot AI is an AI large model startup.","description":"Moonshot AI is an AI large model startup.","country":null,"category":"Developer tools","originalName":"Kimi开放平台","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:59:24.325Z","englishUpdatedAt":"2026-10-15T19:38:41.137Z","reviewedAt":"2026-10-15T19:38:41.137Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"2fc6ca5b9f11d3003f29de9e5afd1bf2b6c24fefb9be484d29ba6672a692983e","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/kimi-kaifangpingtai"},{"id":"7f207189-4662-4f56-a33d-82e8ec5d9c10","kind":"products","code":"UB-D1714","name":"Kimi Work","nameBasis":"original-brand","summary":"Moonshot AI is an AI large model startup.","description":"Moonshot AI is an AI large model startup.","country":null,"category":"Chatbots","originalName":"Kimi Work","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:59:18.239Z","englishUpdatedAt":"2026-10-15T19:38:41.035Z","reviewedAt":"2026-10-15T19:38:41.035Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"983519c88f7d351b27e0a913d08b61fd006c2062248c0e53cb5cb8383236c6cd","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/kimi-work"},{"id":"b381794d-bb9b-4095-b2fd-af83a435e308","kind":"institutions","code":"UB-I2357","name":"Meituan","nameBasis":"transliterated","summary":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","description":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","country":null,"category":null,"originalName":"美团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:27.151Z","englishUpdatedAt":"2026-10-15T21:37:02.767Z","reviewedAt":"2026-10-15T21:37:02.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e9abbf138ba5bd93afb7283c120e2c96189bcc60ec91f6ac305df690348d9197","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/meituan"},{"id":"64ae88a5-787f-4d03-a531-a83ba7d818b8","kind":"news","code":"64ae88a5-787f-4d03-a531-a83ba7d818b8","name":"Moonshot AI completes equity financing","nameBasis":"translated-title","summary":"On 2026/6/30, aggregated media reports stated that Chinese large AI model company Moonshot AI had completed a new equity funding round, with several long-term institutional investors participating. Funds would support large model training and ecosystem development.","description":"","country":null,"category":null,"originalName":"月之暗面完成股权投资融资","eventDate":"2026-06-30T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T10:48:28.228Z","englishUpdatedAt":"2026-10-15T23:20:21.115Z","reviewedAt":"2026-10-15T23:20:21.115Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"629c33959c57a2f86b7fbb513d88b1236d009c2cd8e6729e7a11d0391d7e8003","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/64ae88a5-787f-4d03-a531-a83ba7d818b8"},{"id":"8107378f-9edf-4be1-9555-5762e3f78760","kind":"news","code":"8107378f-9edf-4be1-9555-5762e3f78760","name":"Moonshot AI completes pre-IPO funding at approximately USD 50 billion valuation, plans Hong Kong listing in the first quarter of 2027","nameBasis":"translated-title","summary":"On 2026/10/6, 36Kr reported that Chinese large model company Moonshot AI had completed pre-IPO funding at a valuation of approximately USD 50 billion (approximately CNY 335.2 billion) and planned to list in Hong Kong in the first quarter of 2027. The funding amount was not disclosed.","description":"","country":null,"category":null,"originalName":"月之暗面完成IPO前融资，估值约500亿美元，拟2027年一季度赴港上市","eventDate":"2026-10-06T00:00:00.000Z","website":"https://pitchhub.36kr.com/financing-flash","sourceUpdatedAt":"2026-10-13T16:57:14.832Z","englishUpdatedAt":"2026-10-15T23:33:55.575Z","reviewedAt":"2026-10-15T23:33:55.575Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"86934383a96fca9689b6637e779a83547c825396c9bbf4f309f83bbe9a3c16c7","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/8107378f-9edf-4be1-9555-5762e3f78760"},{"id":"b8529ebc-839e-441d-bcbb-aacd0ef59eab","kind":"news","code":"b8529ebc-839e-441d-bcbb-aacd0ef59eab","name":"Moonshot AI exceeds USD 200 million ARR, raises USD 2 billion","nameBasis":"translated-title","summary":"On 2026/5/8, TechCrunch reported that Chinese large-model company Moonshot AI had raised USD 2 billion at a USD 20 billion valuation, bringing cumulative funding over six months to USD 3.9 billion. ARR exceeded USD 200 million. Its founder is Yang Zhilin.","description":"","country":null,"category":null,"originalName":"Moonshot AI ARR超过2亿美元，融资20亿美元","eventDate":"2026-05-08T00:00:00.000Z","website":"https://techcrunch.com/2026/05/07/chinas-moonshot-ai-raises-2b-at-20b-valuation-as-demand-for-open-source-ai-skyrockets/","sourceUpdatedAt":"2026-10-15T22:00:14.431Z","englishUpdatedAt":"2026-10-16T01:39:38.746Z","reviewedAt":"2026-10-16T01:39:38.746Z","snapshotAt":"2026-10-16T01:38:14.029Z","sourceHash":"a243f2ab142a94b622c688044ef91bcc9a4349a0415dd755803592165af1b18f","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/b8529ebc-839e-441d-bcbb-aacd0ef59eab"},{"id":"c3c4a542-78d6-4bc7-aada-c3245b49f007","kind":"products","code":"UB-D5479","name":"Moonshot AI Open Platform","nameBasis":"original-brand","summary":"The source reports visiting Moonshot AI and describes Moonshot AI Open Platform as a powerful service for high-performance language-model APIs. Its detailed website offers Kimi APIs with context lengths up to 256K and tool calling for rapid application development. It suits developers working on coding and intelligent dialogue. Website: https://platform.moonshot.ai/. The source recommends trying it. 😊🚀🌟","description":"The source reports visiting Moonshot AI and describes Moonshot AI Open Platform as a powerful service for high-performance language-model APIs. Its detailed website offers Kimi APIs with context lengths up to 256K and tool calling for rapid application development. It suits developers working on coding and intelligent dialogue. Website: https://platform.moonshot.ai/. The source recommends trying it. 😊🚀🌟","country":null,"category":"Coding assistants","originalName":"Moonshot AI Open Platform","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:26:18.907Z","englishUpdatedAt":"2026-10-16T01:20:22.155Z","reviewedAt":"2026-10-16T01:20:22.155Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"ba40e2920b5f7f4b88612cf163d36ac7f69a231ac74e723e58721e15adc2e559","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/moonshot-ai-open-platform"},{"id":"6fdb315c-70f8-4b6a-8856-8d9a1e39c165","kind":"news","code":"6fdb315c-70f8-4b6a-8856-8d9a1e39c165","name":"Moonshot AI raises CNY 2 billion angel round","nameBasis":"translated-title","summary":"On 2023/6/12, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised CNY 2 billion in angel funding, laying the foundation for subsequent funding rounds.","description":"","country":null,"category":null,"originalName":"月之暗面完成20亿人民币天使轮融资","eventDate":"2023-06-12T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-13T16:55:18.032Z","englishUpdatedAt":"2026-10-15T23:23:59.334Z","reviewedAt":"2026-10-15T23:23:59.334Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"d0bdc19374ed1db88697cb36855d8f3dd6eb03c58970a7acd78f4258154a7094","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/6fdb315c-70f8-4b6a-8856-8d9a1e39c165"},{"id":"0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","kind":"news","code":"0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","name":"Moonshot AI raises hundreds of millions of USD in equity financing","nameBasis":"translated-title","summary":"","description":"","country":null,"category":null,"originalName":"月之暗面完成数亿美元股权投资融资","eventDate":"2025-10-24T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T10:48:28.260Z","englishUpdatedAt":"2026-10-15T17:19:59.224Z","reviewedAt":"2026-10-15T17:19:59.224Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"bbff8dbbca01157d6545af1739f7657be7e9e459eb40ae8ffc6b4dc12d327204","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/0bc6d833-7e8a-4fec-a3c5-16bc54ac3254"},{"id":"c01b2789-fa17-410a-902a-14f061483d63","kind":"news","code":"c01b2789-fa17-410a-902a-14f061483d63","name":"Moonshot AI raises USD 1 billion equity investment","nameBasis":"translated-title","summary":"On 2024/2/19, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 1 billion in equity investment, with investors remaining optimistic about its multimodal model approach.","description":"","country":null,"category":null,"originalName":"月之暗面完成10亿美元股权投资融资","eventDate":"2024-02-19T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T10:48:28.243Z","englishUpdatedAt":"2026-10-16T00:00:28.890Z","reviewedAt":"2026-10-16T00:00:28.890Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"3d4dd7e20400839e092f7938fa25fa26b1a280b6703500d112fb75bf98840800","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/c01b2789-fa17-410a-902a-14f061483d63"},{"id":"e4a48770-e767-495e-929d-0d41400d2fa1","kind":"news","code":"e4a48770-e767-495e-929d-0d41400d2fa1","name":"Moonshot AI raises USD 10 million in Series A financing","nameBasis":"translated-title","summary":"","description":"","country":null,"category":null,"originalName":"月之暗面完成1000万美元A轮融资","eventDate":"2023-12-06T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T10:48:28.310Z","englishUpdatedAt":"2026-10-15T17:20:00.115Z","reviewedAt":"2026-10-15T17:20:00.115Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"02ddd838682b0543b54e77d5d1d6ba0e0f9fe387f9aac2ec3e2c660cfde3c3fa","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/e4a48770-e767-495e-929d-0d41400d2fa1"},{"id":"9ff35eba-921e-45ed-9240-444afeeb3a29","kind":"news","code":"9ff35eba-921e-45ed-9240-444afeeb3a29","name":"Moonshot AI raises USD 2 billion Series D","nameBasis":"translated-title","summary":"On 2026/5/6, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 2 billion in Series D funding. Its valuation and business scale rose together as it continued AGI research.","description":"","country":null,"category":null,"originalName":"月之暗面完成20亿美元D轮融资","eventDate":"2026-05-06T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T22:00:15.505Z","englishUpdatedAt":"2026-10-16T01:39:38.739Z","reviewedAt":"2026-10-16T01:39:38.739Z","snapshotAt":"2026-10-16T01:38:14.029Z","sourceHash":"0276b03f75c03bb9f8d45787f49e99777f601b2502d3f363eb003619ac62129c","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/9ff35eba-921e-45ed-9240-444afeeb3a29"},{"id":"b2deda58-7616-4856-a6e1-22c51a1a42f2","kind":"news","code":"b2deda58-7616-4856-a6e1-22c51a1a42f2","name":"Moonshot AI raises USD 3.5 billion Series F","nameBasis":"translated-title","summary":"On 2026/7/29, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 3.5 billion in Series F funding, increasing its valuation further and continuing investment in multimodal large models and agent product R&D.","description":"","country":null,"category":null,"originalName":"月之暗面完成35亿美元F轮融资","eventDate":"2026-07-29T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T09:34:16.228Z","englishUpdatedAt":"2026-10-15T23:57:45.666Z","reviewedAt":"2026-10-15T23:57:45.666Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"dd8af14c7320729c508df4f5829a1c1c80c1d1583c7e550b5f9e726c16af3393","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/b2deda58-7616-4856-a6e1-22c51a1a42f2"},{"id":"7d099487-70dc-475a-9c1c-8d3961acbabe","kind":"news","code":"7d099487-70dc-475a-9c1c-8d3961acbabe","name":"Moonshot AI raises USD 3.5 billion Series F at USD 35 billion post-money valuation","nameBasis":"translated-title","summary":"On 2026/7/29, IT Home reported that China’s Moonshot AI had raised USD 3.5 billion in Series F funding at a USD 35 billion post-money valuation. Subscriptions exceeded the original target threefold, and the round closed early.","description":"","country":null,"category":null,"originalName":"月之暗面完成35亿美元F轮融资，投后估值350亿美元","eventDate":"2026-07-29T00:00:00.000Z","website":"https://www.ithome.com/0/983/170.htm","sourceUpdatedAt":"2026-10-13T17:06:07.115Z","englishUpdatedAt":"2026-10-15T23:30:56.876Z","reviewedAt":"2026-10-15T23:30:56.876Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7f682b9d4f3919bc5894e5ad9d2b942bc340681a18fe4c690d0e9a607453a8ec","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/7d099487-70dc-475a-9c1c-8d3961acbabe"},{"id":"64f99f33-d44d-4c74-b001-617fe9679886","kind":"news","code":"64f99f33-d44d-4c74-b001-617fe9679886","name":"Moonshot AI raises USD 300 million in equity funding","nameBasis":"translated-title","summary":"On 2024/8/5, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 300 million in equity funding, with continued increased backing from institutions.","description":"","country":null,"category":null,"originalName":"月之暗面完成3亿美元股权投资融资","eventDate":"2024-08-05T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T10:48:28.204Z","englishUpdatedAt":"2026-10-15T23:20:21.116Z","reviewedAt":"2026-10-15T23:20:21.116Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c625ec6d9c278917aa5370abfda1e4e0cfd663d276affa799b47623cfa44d51e","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/64f99f33-d44d-4c74-b001-617fe9679886"},{"id":"56947bfa-8bec-4afc-a1b8-bc91eac7f90c","kind":"news","code":"56947bfa-8bec-4afc-a1b8-bc91eac7f90c","name":"Moonshot AI raises USD 500 million Series C","nameBasis":"translated-title","summary":"On 2025/12/31, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 500 million in Series C funding, mainly for foundation model training and consumer product promotion.","description":"","country":null,"category":null,"originalName":"月之暗面完成5亿美元C轮融资","eventDate":"2025-12-31T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T22:00:15.514Z","englishUpdatedAt":"2026-10-16T01:39:38.719Z","reviewedAt":"2026-10-16T01:39:38.719Z","snapshotAt":"2026-10-16T01:38:14.029Z","sourceHash":"bdaa623ab1416f51e606960fec23d318ad57a126e9839c06452394d7aad03085","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/56947bfa-8bec-4afc-a1b8-bc91eac7f90c"},{"id":"b393c2ba-f1c1-458c-a692-f4b65d103793","kind":"news","code":"b393c2ba-f1c1-458c-a692-f4b65d103793","name":"Moonshot AI raises USD 700 million equity investment","nameBasis":"translated-title","summary":"On 2026/2/17, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 700 million in equity investment, attracting multiple investment institutions to expand computing capacity and its R&D team.","description":"","country":null,"category":null,"originalName":"月之暗面完成7亿美元股权投资融资","eventDate":"2026-02-17T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T10:48:28.215Z","englishUpdatedAt":"2026-10-15T23:57:45.668Z","reviewedAt":"2026-10-15T23:57:45.668Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"8d682908bf34c8736fd78a83c1b9c1409c94361cbaf0ff55ba357a88dcd7e456","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/b393c2ba-f1c1-458c-a692-f4b65d103793"},{"id":"9c4fe0d9-ec0b-4530-9252-1d43998a6a92","kind":"news","code":"9c4fe0d9-ec0b-4530-9252-1d43998a6a92","name":"Moonshot AI reaches USD 100 million ARR","nameBasis":"translated-title","summary":"On 2026/4/1, Panda Daily reported that Moonshot AI’s Kimi model had driven the company to USD 100 million ARR in China’s competitive large model market. It did not disclose its latest funding or valuation.","description":"","country":null,"category":null,"originalName":"Moonshot AI ARR达到1亿美元","eventDate":"2026-04-01T00:00:00.000Z","website":"https://pandaily.com/moonshot-ai-surpasses-100-m-arr-one-month-after-kimi-k2-5-launch?ref=insights.tryspecter.com","sourceUpdatedAt":"2026-10-13T17:06:07.109Z","englishUpdatedAt":"2026-10-15T23:46:38.167Z","reviewedAt":"2026-10-15T23:46:38.167Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"6b6806a850dc96be0dab5d192e182cce06d656f40877118f60b6b6a15cbea77b","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/9c4fe0d9-ec0b-4530-9252-1d43998a6a92"},{"id":"f5623f1c-30b2-403f-8697-d2db494fc8af","kind":"news","code":"f5623f1c-30b2-403f-8697-d2db494fc8af","name":"Moonshot ARR hit $1B, targets $2B ARR by end of year","nameBasis":"translated-title","summary":"Moonshot disclosed ARR of USD 1 billion, targeting USD 2 billion by year-end.","description":"","country":null,"category":null,"originalName":"Moonshot ARR hit $1B, targets $2B ARR by end of year","eventDate":"2026-10-15T00:00:00.000Z","website":"https://techcrunch.com/2026/09/11/kimi-maker-moonshot-ai-targets-2-billion-in-annual-revenue/","sourceUpdatedAt":"2026-10-15T23:34:18.743Z","englishUpdatedAt":"2026-10-16T01:41:13.667Z","reviewedAt":"2026-10-16T01:41:13.667Z","snapshotAt":"2026-10-16T01:38:14.029Z","sourceHash":"84792303aeb8851829f04a5e0d96ddc3e108f17ae15ca997673cd3ba897c1f94","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/f5623f1c-30b2-403f-8697-d2db494fc8af"},{"id":"edf55d77-5c28-403b-8a5d-555679d7b3d3","kind":"news","code":"edf55d77-5c28-403b-8a5d-555679d7b3d3","name":"Moonshot exceeds USD 300 million ARR at USD 31.5 billion pre-money valuation","nameBasis":"translated-title","summary":"On 2026/7/3, Baijiahao reported that China’s Moonshot had exceeded USD 300 million ARR, with APIs contributing more than 70% of revenue. Its pre-money valuation rose to USD 31.5 billion, compared with USD 20 billion in the previous round.","description":"","country":null,"category":null,"originalName":"Moonshot ARR突破3亿美元，投前估值315亿美元","eventDate":"2026-07-03T00:00:00.000Z","website":"https://baijiahao.baidu.com/s?id=1869396978415194327&wfr=spider&for=pc","sourceUpdatedAt":"2026-10-13T17:06:07.040Z","englishUpdatedAt":"2026-10-16T00:21:24.018Z","reviewedAt":"2026-10-16T00:21:24.018Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"66e4632d38f3c296e66c398dc0030b74dc7fd722f1a5a4569500978e2766d8e7","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/edf55d77-5c28-403b-8a5d-555679d7b3d3"},{"id":"5795a8be-1c9f-45fc-81ad-2cb72b84e808","kind":"products","code":"UB-D1122","name":"Noisee","nameBasis":"original-brand","summary":"Moonshot AI is an AI large model startup.","description":"Moonshot AI is an AI large model startup.","country":null,"category":"Video generation","originalName":"Noisee","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:59:25.148Z","englishUpdatedAt":"2026-10-15T19:38:40.994Z","reviewedAt":"2026-10-15T19:38:40.994Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"6b0f4c3da76d14601416363fe16703e7cf356de3a5ad08b33b65905bef3fda04","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fproduct%2FrecutH5V2rSK7P%2F1a4df489ed5400f1f1890fb355afae37821ba180e6c6cd688574911b8fefe80c.png","path":"/products/noisee"},{"id":"d90ec7d5-ecc2-4d70-bd7e-16f6bdbf85ce","kind":"products","code":"UB-D949","name":"Ohai","nameBasis":"original-brand","summary":"Ohai provides a virtual companion available 24 hours a day, letting users freely create characters and enjoy unlimited roleplay and conversation in an immersive, ad-free experience. Core features include roleplay, unlimited dialogue, constant friendship, creative freedom and personalized growth. Users create characters around their interests for everyday chats or deeper discussions. Ohai encourages personalized fantasy worlds, while AI gradually tailors its responses through interaction.","description":"Ohai provides a virtual companion available 24 hours a day, letting users freely create characters and enjoy unlimited roleplay and conversation in an immersive, ad-free experience. Core features include roleplay, unlimited dialogue, constant friendship, creative freedom and personalized growth. Users create characters around their interests for everyday chats or deeper discussions. Ohai encourages personalized fantasy worlds, while AI gradually tailors its responses through interaction.","country":null,"category":"AI companions","originalName":"Ohai","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T18:07:17.408Z","englishUpdatedAt":"2026-10-15T23:50:04.786Z","reviewedAt":"2026-10-15T23:50:04.786Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"99c33d86f97f69a6078e88aa9c973cb730f5ffa7001efa475746eda3c79df755","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/ohai"},{"id":"bd8fe753-968b-4c05-956e-4d0082297bb5","kind":"news","code":"bd8fe753-968b-4c05-956e-4d0082297bb5","name":"Reports say Moonshot AI starts pre-IPO funding at USD 50 billion valuation","nameBasis":"translated-title","summary":"On 2026/8/5, IT Home reported that China’s Moonshot AI, behind Kimi, had reportedly started Series G pre-IPO funding at a USD 50 billion valuation, requiring participants to pay by 8/15. The round amount was undisclosed.","description":"","country":null,"category":null,"originalName":"消息称月之暗面启动Pre-IPO融资，估值500亿美元","eventDate":"2026-08-05T00:00:00.000Z","website":"https://www.ithome.com/0/985/952.htm","sourceUpdatedAt":"2026-10-13T16:57:21.231Z","englishUpdatedAt":"2026-10-16T00:00:28.869Z","reviewedAt":"2026-10-16T00:00:28.869Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e2fb7e21f77987249a4d111028960e887f6799dc86cfaf8d5b219e075260d5da","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/news/bd8fe753-968b-4c05-956e-4d0082297bb5"},{"id":"c18d5d49-8bce-40ab-b951-695f2166fad8","kind":"institutions","code":"UB-I799","name":"Tsinghua Capital","nameBasis":"original-brand","summary":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","description":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","country":null,"category":null,"originalName":"Tsinghua Capital","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:28.072Z","englishUpdatedAt":"2026-10-15T18:21:17.276Z","reviewedAt":"2026-10-15T18:21:17.276Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a9868c7f4c56f15726d0401fe1643344f14d89deab11231ff0db36d8f52abb54","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/tsinghua-capital"},{"id":"9977416c-667d-4d1a-b3e5-83df3a6b6015","kind":"people","code":"UB-P071","name":"Yang Zhilin","nameBasis":"transliterated","summary":"Founder, CEO, chairman and legal representative of Moonshot AI, behind Kimi. Holds a bachelor’s degree from Tsinghua University and a doctorate from Carnegie Mellon University, and authored Transformer-XL and XLNet. The company was founded in 2023 and completed its conversion to a joint-stock company in 2026 in preparation for a Hong Kong listing.","description":"Chinese person.","country":null,"category":null,"originalName":"杨植麟","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-05T19:00:09.538Z","englishUpdatedAt":"2026-10-16T00:02:09.717Z","reviewedAt":"2026-10-16T00:02:09.717Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"6cfae41609ffe6fbdf492ae3a93c57bdf49787f060ed52d150fbf36c1aa3de53","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/people/yang-zhilin"},{"id":"2d941325-6138-41f8-abf9-ec1890fbe1b0","kind":"products","code":"UB-D107","name":"Yuezhianmian","nameBasis":"transliterated","summary":"Moonshot is an AI large model startup focused on AGI and maximizing AI's value. It quickly completed its first market funding round after founding, backed by leading investors including Sequoia and ZhenFund, with a reported valuation of approximately USD 300 million. Its team includes many Tsinghua alumni, particularly lead founder Yang Zhilin, a student of professor Tang Jie and an assistant professor at Tsinghua's Institute for Interdisciplinary Information Sciences.","description":"Moonshot is an AI large model startup focused on AGI and maximizing AI's value. It quickly completed its first market funding round after founding, backed by leading investors including Sequoia and ZhenFund, with a reported valuation of approximately USD 300 million. Its team includes many Tsinghua alumni, particularly lead founder Yang Zhilin, a student of professor Tang Jie and an assistant professor at Tsinghua's Institute for Interdisciplinary Information Sciences.","country":null,"category":"General-purpose agents","originalName":"月之暗面","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T21:00:17.737Z","englishUpdatedAt":"2026-10-16T01:39:56.224Z","reviewedAt":"2026-10-16T01:39:56.224Z","snapshotAt":"2026-10-16T01:37:39.785Z","sourceHash":"3b8851609ef979a6afd5b348bffdef77f7f3874eb904b9aa9bc0b5ba6360c760","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fproduct%2Frec7mkswoL%2F0bcb44c29e865f18e6bdb736c168d6812af9ea6d00623519df814a5eb8c2bb00.png","path":"/products/yuezhianmian"},{"id":"f5c2d321-90e4-4980-a70c-4da9efc93caf","kind":"institutions","code":"UB-I021","name":"三七互娱创投基金","nameBasis":"transliterated","summary":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","description":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","country":null,"category":null,"originalName":"三七互娱创投基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.112Z","englishUpdatedAt":"2026-10-15T21:25:20.360Z","reviewedAt":"2026-10-15T21:25:20.360Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"49b82271d9f7929997ba16b0e78fdd503bd31aaa60b18764911dae817629fe00","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Sanqihuyu Venture Capital Fund","path":"/institutions/sanqihuyu-venture-capital-fund"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"380658fe-1e5a-4f69-b364-2981e15150ab","kind":"institutions","code":"UB-I006","name":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","description":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","country":null,"category":null,"originalName":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.230Z","englishUpdatedAt":"2026-10-15T20:58:45.433Z","reviewedAt":"2026-10-15T20:58:45.433Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9a827cb85a74020d7581a1076552ec1af2e038792f8362310a22c00215f38eca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lingangqianyanatesi Yangzhou Xin Energy Guquan Investment Fund Partnership (Limited Partnership)","path":"/institutions/lingangqianyanatesi-yangzhou-xin-energy-guquan-investment-fund-partnership-limited-partnership"},{"id":"b842f0a3-f775-4fc7-9db8-f9015b2643e7","kind":"institutions","code":"UB-I017","name":"九安医疗","nameBasis":"transliterated","summary":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","description":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","country":null,"category":null,"originalName":"九安医疗","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.203Z","englishUpdatedAt":"2026-10-15T21:43:23.694Z","reviewedAt":"2026-10-15T21:43:23.694Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c614cc9badf928aec814ac6fcf1136b265080415aba766d49a759633ca4824f8","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuan Medical","path":"/institutions/jiuan-medical"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"2220da0d-ca08-48a2-ac77-ad51c81b2276","kind":"institutions","code":"UB-I009","name":"共青城君弘前沿创业投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"共青城君弘前沿创业投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.131Z","englishUpdatedAt":"2026-10-15T18:45:27.649Z","reviewedAt":"2026-10-15T18:45:27.649Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a4316de303710c5290e35d54b4d7e395811f1a267492390e27d61ba8f41410fe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gongqingchengjunhongqianyan Venture Capital Partnership (Limited Partnership)","path":"/institutions/gongqingchengjunhongqianyan-venture-capital-partnership-limited-partnership"}],"finance":{"funding":{"metric":"funding","count":14,"latest":{"value":4285714,"text":null,"date":"2026-08-05T00:00:00.000Z","round":"Pre-IPO","estimate":"$4.29M"},"years":[2023,2024,2025,2026],"points":[{"year":2023,"date":"2023-06-12T00:00:00.000Z","round":"Angel","value":285714286,"eventIds":["6fdb315c-70f8-4b6a-8856-8d9a1e39c165"]},{"year":2023,"date":"2023-12-06T00:00:00.000Z","round":"Series A","value":10000000,"eventIds":["e4a48770-e767-495e-929d-0d41400d2fa1"]},{"year":2024,"date":"2024-02-19T00:00:00.000Z","round":"Equity","value":1000000000,"eventIds":["c01b2789-fa17-410a-902a-14f061483d63"]},{"year":2024,"date":"2024-08-05T00:00:00.000Z","round":"Equity","value":300000000,"eventIds":["64f99f33-d44d-4c74-b001-617fe9679886"]},{"year":2025,"date":"2025-12-31T00:00:00.000Z","round":"Series C","value":500000000,"eventIds":["56947bfa-8bec-4afc-a1b8-bc91eac7f90c"]},{"year":2026,"date":"2026-02-17T00:00:00.000Z","round":"Equity","value":700000000,"eventIds":["b393c2ba-f1c1-458c-a692-f4b65d103793"]},{"year":2026,"date":"2026-05-06T00:00:00.000Z","round":"Series D","value":2000000000,"eventIds":["9ff35eba-921e-45ed-9240-444afeeb3a29"]},{"year":2026,"date":"2026-05-08T00:00:00.000Z","round":null,"value":2000000000,"eventIds":["b8529ebc-839e-441d-bcbb-aacd0ef59eab"]},{"year":2026,"date":"2026-07-29T00:00:00.000Z","round":"Series F","value":3500000000,"eventIds":["7d099487-70dc-475a-9c1c-8d3961acbabe","b2deda58-7616-4856-a6e1-22c51a1a42f2"]},{"year":2026,"date":"2026-08-05T00:00:00.000Z","round":"Pre-IPO","value":4285714,"eventIds":["bd8fe753-968b-4c05-956e-4d0082297bb5"]}],"linePoints":[],"conflictGroups":0,"omittedRecordCount":3,"records":[{"id":"8107378f-9edf-4be1-9555-5762e3f78760","date":"2026-10-06T00:00:00.000Z","round":"Pre-IPO","amountText":"未披露","estimateUsd":null,"estimateLabel":"Undisclosed","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://pitchhub.36kr.com/financing-flash","evidence":{"headline":"Moonshot AI completes pre-IPO funding at approximately USD 50 billion valuation, plans Hong Kong listing in the first quarter of 2027","brief":"On 2026/10/6, 36Kr reported that Chinese large model company Moonshot AI had completed pre-IPO funding at a valuation of approximately USD 50 billion (approximately CNY 335.2 billion) and planned to list in Hong Kong in the first quarter of 2027. The funding amount was not disclosed.","basis":"translated-source-brief","newsPath":"/news/8107378f-9edf-4be1-9555-5762e3f78760","sourceCount":1}},{"id":"bd8fe753-968b-4c05-956e-4d0082297bb5","date":"2026-08-05T00:00:00.000Z","round":"Pre-IPO","amountText":null,"estimateUsd":4285714,"estimateLabel":"$4.29M","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://www.ithome.com/0/985/952.htm","evidence":{"headline":"Reports say Moonshot AI starts pre-IPO funding at USD 50 billion valuation","brief":"On 2026/8/5, IT Home reported that China’s Moonshot AI, behind Kimi, had reportedly started Series G pre-IPO funding at a USD 50 billion valuation, requiring participants to pay by 8/15. The round amount was undisclosed.","basis":"translated-source-brief","newsPath":"/news/bd8fe753-968b-4c05-956e-4d0082297bb5","sourceCount":1}},{"id":"7d099487-70dc-475a-9c1c-8d3961acbabe","date":"2026-07-29T00:00:00.000Z","round":"Series F","amountText":"35亿美元","estimateUsd":3500000000,"estimateLabel":"$3.5B","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://www.ithome.com/0/983/170.htm","evidence":{"headline":"Moonshot AI raises USD 3.5 billion Series F at USD 35 billion post-money valuation","brief":"On 2026/7/29, IT Home reported that China’s Moonshot AI had raised USD 3.5 billion in Series F funding at a USD 35 billion post-money valuation. Subscriptions exceeded the original target threefold, and the round closed early.","basis":"translated-source-brief","newsPath":"/news/7d099487-70dc-475a-9c1c-8d3961acbabe","sourceCount":1}},{"id":"b2deda58-7616-4856-a6e1-22c51a1a42f2","date":"2026-07-29T00:00:00.000Z","round":"Series F","amountText":"35亿美元","estimateUsd":3500000000,"estimateLabel":"$3.5B","estimateNote":null,"investors":"未知（烯牛未披露单轮投资方）","institutions":[],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 3.5 billion Series F","brief":"On 2026/7/29, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 3.5 billion in Series F funding, increasing its valuation further and continuing investment in multimodal large models and agent product R&D.","basis":"translated-source-brief","newsPath":"/news/b2deda58-7616-4856-a6e1-22c51a1a42f2","sourceCount":0}},{"id":"64ae88a5-787f-4d03-a531-a83ba7d818b8","date":"2026-06-30T00:00:00.000Z","round":"Equity","amountText":"金额未知","estimateUsd":null,"estimateLabel":"Undisclosed","estimateNote":null,"investors":"南昌和谐安瑞股权投资合伙企业（有限合伙），临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙），青岛仪象奔富创业投资基金合伙企业（有限合伙），华月创智（青岛）创业投资基金合伙企业（有限合伙），共青城君弘前沿创业投资合伙企业（有限合伙）","institutions":[{"id":"380658fe-1e5a-4f69-b364-2981e15150ab","kind":"institutions","code":"UB-I006","name":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","description":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","country":null,"category":null,"originalName":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.230Z","englishUpdatedAt":"2026-10-15T20:58:45.433Z","reviewedAt":"2026-10-15T20:58:45.433Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9a827cb85a74020d7581a1076552ec1af2e038792f8362310a22c00215f38eca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lingangqianyanatesi Yangzhou Xin Energy Guquan Investment Fund Partnership (Limited Partnership)","path":"/institutions/lingangqianyanatesi-yangzhou-xin-energy-guquan-investment-fund-partnership-limited-partnership"},{"id":"2220da0d-ca08-48a2-ac77-ad51c81b2276","kind":"institutions","code":"UB-I009","name":"共青城君弘前沿创业投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"共青城君弘前沿创业投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.131Z","englishUpdatedAt":"2026-10-15T18:45:27.649Z","reviewedAt":"2026-10-15T18:45:27.649Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a4316de303710c5290e35d54b4d7e395811f1a267492390e27d61ba8f41410fe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gongqingchengjunhongqianyan Venture Capital Partnership (Limited Partnership)","path":"/institutions/gongqingchengjunhongqianyan-venture-capital-partnership-limited-partnership"},{"id":"182ceb11-1e00-4a9d-afdc-9612de498919","kind":"institutions","code":"UB-I008","name":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.248Z","englishUpdatedAt":"2026-10-15T18:45:27.634Z","reviewedAt":"2026-10-15T18:45:27.634Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"2e1c4816f8bf968491504bee5e0cbe1d061801ba8a46cb2b5b6dc1b01b733c07","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huayuechuangzhi (Qingdao) Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/huayuechuangzhi-qingdao-venture-capital-fund-partnership-limited-partnership"},{"id":"2722a3b5-b89a-4ea7-8bc4-840561192612","kind":"institutions","code":"UB-I005","name":"南昌和谐安瑞股权投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership equity investment entity participating in Moonshot AI financing.","description":"A limited partnership equity investment entity participating in Moonshot AI financing.","country":null,"category":null,"originalName":"南昌和谐安瑞股权投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.146Z","englishUpdatedAt":"2026-10-15T20:44:29.330Z","reviewedAt":"2026-10-15T20:44:29.330Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"43d1ec842e6b753e6f7252ba7cd84f082fbe41c5a3cab03d98236b5826c3d3bc","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Nanchanghexieanruiguquan Investment Partnership (Limited Partnership)","path":"/institutions/nanchanghexieanruiguquan-investment-partnership-limited-partnership"},{"id":"a752a1b6-87c7-489f-add3-bdef5bd2b45c","kind":"institutions","code":"UB-I007","name":"青岛仪象奔富创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership venture capital fund investing in early-stage technology projects.","description":"A limited partnership venture capital fund investing in early-stage technology projects.","country":null,"category":null,"originalName":"青岛仪象奔富创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.308Z","englishUpdatedAt":"2026-10-15T20:44:29.486Z","reviewedAt":"2026-10-15T20:44:29.486Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"dae3c7940f053db1b55a608c7cd5b8ab18cd3993bcc604182a2a9fc5099b70ca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Qingdao Yixiangbenfu Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/qingdao-yixiangbenfu-venture-capital-fund-partnership-limited-partnership"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI completes equity financing","brief":"On 2026/6/30, aggregated media reports stated that Chinese large AI model company Moonshot AI had completed a new equity funding round, with several long-term institutional investors participating. Funds would support large model training and ecosystem development.","basis":"translated-source-brief","newsPath":"/news/64ae88a5-787f-4d03-a531-a83ba7d818b8","sourceCount":0}},{"id":"b8529ebc-839e-441d-bcbb-aacd0ef59eab","date":"2026-05-08T00:00:00.000Z","round":null,"amountText":"20亿美元","estimateUsd":2000000000,"estimateLabel":"$2B","estimateNote":null,"investors":"Long-Z Investments（美团龙珠）领投，Tsinghua Capital、China Mobile、CPE Yuanfeng 跟投","institutions":[{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"c18d5d49-8bce-40ab-b951-695f2166fad8","kind":"institutions","code":"UB-I799","name":"Tsinghua Capital","nameBasis":"original-brand","summary":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","description":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","country":null,"category":null,"originalName":"Tsinghua Capital","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:28.072Z","englishUpdatedAt":"2026-10-15T18:21:17.276Z","reviewedAt":"2026-10-15T18:21:17.276Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a9868c7f4c56f15726d0401fe1643344f14d89deab11231ff0db36d8f52abb54","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/tsinghua-capital"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"newsUrl":"https://techcrunch.com/2026/05/07/chinas-moonshot-ai-raises-2b-at-20b-valuation-as-demand-for-open-source-ai-skyrockets/","evidence":{"headline":"Moonshot AI exceeds USD 200 million ARR, raises USD 2 billion","brief":"On 2026/5/8, TechCrunch reported that Chinese large-model company Moonshot AI had raised USD 2 billion at a USD 20 billion valuation, bringing cumulative funding over six months to USD 3.9 billion. ARR exceeded USD 200 million. Its founder is Yang Zhilin.","basis":"translated-source-brief","newsPath":"/news/b8529ebc-839e-441d-bcbb-aacd0ef59eab","sourceCount":1}},{"id":"9ff35eba-921e-45ed-9240-444afeeb3a29","date":"2026-05-06T00:00:00.000Z","round":"Series D","amountText":"20亿美元","estimateUsd":2000000000,"estimateLabel":"$2B","estimateNote":null,"investors":"美团龙珠领投，中国移动、中信产业基金、水木资本、国智投私募基金管理有限公司、北京市人工智能产业投资基金（有限合伙）等跟投","institutions":[{"id":"7f4553b2-22cc-43aa-b354-6026e60a8c5f","kind":"institutions","code":"UB-I015","name":"Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership)","nameBasis":"transliterated","summary":"A Beijing municipal AI industry guidance fund focused on AI investments.","description":"A Beijing municipal AI industry guidance fund focused on AI investments.","country":null,"category":null,"originalName":"北京市人工智能产业投资基金（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.224Z","englishUpdatedAt":"2026-10-15T21:02:48.806Z","reviewedAt":"2026-10-15T21:02:48.806Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"faca6b45e67069432dba0cac7e9d5410da95daae29ad8db43ef7bb4db2436bbd","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/beijing-city-artificial-intelligence-industrial-investment-fund-limited-partnership"},{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"a6b8faca-d335-4d32-a999-cad99e407b8d","kind":"institutions","code":"UB-I014","name":"国智投私募基金管理有限公司","nameBasis":"transliterated","summary":"Private equity fund manager.","description":"Private equity fund manager.","country":null,"category":null,"originalName":"国智投私募基金管理有限公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.119Z","englishUpdatedAt":"2026-10-15T19:48:08.530Z","reviewedAt":"2026-10-15T19:48:08.530Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9f4775410ed97aa5cc56cb010564747b8bce37927bdcdc92381897b0549f3cfe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guozhitou Private Fund Management Co., Ltd.","path":"/institutions/guozhitou-private-fund-management-co-ltd"},{"id":"79b7cbd9-c0c3-4252-89e6-593fa2e5d629","kind":"institutions","code":"UB-I013","name":"水木资本","nameBasis":"transliterated","summary":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","description":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","country":null,"category":null,"originalName":"水木资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.237Z","englishUpdatedAt":"2026-10-15T21:10:01.696Z","reviewedAt":"2026-10-15T21:10:01.696Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e0353dfb469d45a7d65c56eda09cf1a34160fcd080609294a577465165538b17","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shuimu Capital","path":"/institutions/shuimu-capital"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 2 billion Series D","brief":"On 2026/5/6, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 2 billion in Series D funding. Its valuation and business scale rose together as it continued AGI research.","basis":"translated-source-brief","newsPath":"/news/9ff35eba-921e-45ed-9240-444afeeb3a29","sourceCount":0}},{"id":"b393c2ba-f1c1-458c-a692-f4b65d103793","date":"2026-02-17T00:00:00.000Z","round":"Equity","amountText":"7亿美元","estimateUsd":700000000,"estimateLabel":"$700M","estimateNote":null,"investors":"阿里巴巴、五源资本、九安医疗、腾讯等领投，凯辉基金跟投","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"b842f0a3-f775-4fc7-9db8-f9015b2643e7","kind":"institutions","code":"UB-I017","name":"九安医疗","nameBasis":"transliterated","summary":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","description":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","country":null,"category":null,"originalName":"九安医疗","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.203Z","englishUpdatedAt":"2026-10-15T21:43:23.694Z","reviewedAt":"2026-10-15T21:43:23.694Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c614cc9badf928aec814ac6fcf1136b265080415aba766d49a759633ca4824f8","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuan Medical","path":"/institutions/jiuan-medical"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"dff717d3-eca1-4064-a0a1-0ca0a2f99227","kind":"institutions","code":"UB-I018","name":"凯辉基金","nameBasis":"transliterated","summary":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"凯辉基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.218Z","englishUpdatedAt":"2026-10-15T21:31:30.045Z","reviewedAt":"2026-10-15T21:31:30.045Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e02301c4aec5f78e9cbb8836949631d0701e6109a504195c279fbc184704be03","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Kaihui Fund","path":"/institutions/kaihui-fund"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 700 million equity investment","brief":"On 2026/2/17, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 700 million in equity investment, attracting multiple investment institutions to expand computing capacity and its R&D team.","basis":"translated-source-brief","newsPath":"/news/b393c2ba-f1c1-458c-a692-f4b65d103793","sourceCount":0}},{"id":"56947bfa-8bec-4afc-a1b8-bc91eac7f90c","date":"2025-12-31T00:00:00.000Z","round":"Series C","amountText":"5亿美元","estimateUsd":500000000,"estimateLabel":"$500M","estimateNote":null,"investors":"IDG资本领投，阿里、腾讯、王慧文等跟投","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"af15fd95-766d-4537-945b-8aa2be56c79c","kind":"institutions","code":"UB-I004","name":"王慧文","nameBasis":"transliterated","summary":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","description":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","country":null,"category":null,"originalName":"王慧文","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.039Z","englishUpdatedAt":"2026-10-15T21:44:38.235Z","reviewedAt":"2026-10-15T21:44:38.235Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"261deabbcc9d61521aec28c668304dad1816b6c3268acc58592ffaf631d85a04","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wanghuiwen","path":"/institutions/wanghuiwen"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 500 million Series C","brief":"On 2025/12/31, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 500 million in Series C funding, mainly for foundation model training and consumer product promotion.","basis":"translated-source-brief","newsPath":"/news/56947bfa-8bec-4afc-a1b8-bc91eac7f90c","sourceCount":0}},{"id":"0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","date":"2025-10-24T00:00:00.000Z","round":"Equity","amountText":"数亿美元","estimateUsd":null,"estimateLabel":"Hundreds of millions of US dollars","estimateNote":null,"investors":"IDG资本,腾讯投资","institutions":[{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises hundreds of millions of USD in equity financing","brief":null,"basis":null,"newsPath":"/news/0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","sourceCount":0}},{"id":"64f99f33-d44d-4c74-b001-617fe9679886","date":"2024-08-05T00:00:00.000Z","round":"Equity","amountText":"3亿美元","estimateUsd":300000000,"estimateLabel":"$300M","estimateNote":null,"investors":"腾讯，阿里巴巴，高榕资本，今日资本，三七互娱创投基金等","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"a7331e6f-31b6-41e9-be3c-084ebe9d9fe7","kind":"institutions","code":"UB-I019","name":"Gaorong Capital","nameBasis":"transliterated","summary":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","description":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","country":null,"category":null,"originalName":"高榕资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.139Z","englishUpdatedAt":"2026-10-15T21:41:18.630Z","reviewedAt":"2026-10-15T21:41:18.630Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7fa0e7e315ae3d1e83bdb160363ee12e882a601a724f02ad3a4d9678209fabc7","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/gaorong-capital"},{"id":"f5c2d321-90e4-4980-a70c-4da9efc93caf","kind":"institutions","code":"UB-I021","name":"三七互娱创投基金","nameBasis":"transliterated","summary":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","description":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","country":null,"category":null,"originalName":"三七互娱创投基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.112Z","englishUpdatedAt":"2026-10-15T21:25:20.360Z","reviewedAt":"2026-10-15T21:25:20.360Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"49b82271d9f7929997ba16b0e78fdd503bd31aaa60b18764911dae817629fe00","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Sanqihuyu Venture Capital Fund","path":"/institutions/sanqihuyu-venture-capital-fund"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 300 million in equity funding","brief":"On 2024/8/5, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 300 million in equity funding, with continued increased backing from institutions.","basis":"translated-source-brief","newsPath":"/news/64f99f33-d44d-4c74-b001-617fe9679886","sourceCount":0}},{"id":"c01b2789-fa17-410a-902a-14f061483d63","date":"2024-02-19T00:00:00.000Z","round":"Equity","amountText":"10亿美元","estimateUsd":1000000000,"estimateLabel":"$1B","estimateNote":null,"investors":"（烯牛未披露）","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"b381794d-bb9b-4095-b2fd-af83a435e308","kind":"institutions","code":"UB-I2357","name":"Meituan","nameBasis":"transliterated","summary":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","description":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","country":null,"category":null,"originalName":"美团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:27.151Z","englishUpdatedAt":"2026-10-15T21:37:02.767Z","reviewedAt":"2026-10-15T21:37:02.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e9abbf138ba5bd93afb7283c120e2c96189bcc60ec91f6ac305df690348d9197","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/meituan"},{"id":"ffcda6d8-33f3-4f3b-ad21-2cf93dbba7e1","kind":"institutions","code":"UB-I2962","name":"小红书","nameBasis":"transliterated","summary":"Xiaohongshu, undertaking strategic investments.","description":"Xiaohongshu, undertaking strategic investments.","country":null,"category":null,"originalName":"小红书","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T14:00:14.838Z","englishUpdatedAt":"2026-10-15T19:58:05.257Z","reviewedAt":"2026-10-15T19:58:05.257Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a85516dfd81c489969e2a0b60db2833b06712922d09afb00d1f5181478923ec0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiaohongshu","path":"/institutions/xiaohongshu"},{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 1 billion equity investment","brief":"On 2024/2/19, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 1 billion in equity investment, with investors remaining optimistic about its multimodal model approach.","basis":"translated-source-brief","newsPath":"/news/c01b2789-fa17-410a-902a-14f061483d63","sourceCount":0}},{"id":"e4a48770-e767-495e-929d-0d41400d2fa1","date":"2023-12-06T00:00:00.000Z","round":"Series A","amountText":"1000万美元","estimateUsd":10000000,"estimateLabel":"$10M","estimateNote":null,"investors":"招商局中国基金","institutions":[{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 10 million in Series A financing","brief":null,"basis":null,"newsPath":"/news/e4a48770-e767-495e-929d-0d41400d2fa1","sourceCount":0}},{"id":"6fdb315c-70f8-4b6a-8856-8d9a1e39c165","date":"2023-06-12T00:00:00.000Z","round":"Angel","amountText":"20亿人民币","estimateUsd":285714286,"estimateLabel":"RMB 2B","estimateNote":"≈ $286M","investors":"红杉中国，真格基金，今日资本，砺思资本等","institutions":[{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"0294da51-46c3-4270-ad76-423d17b7b0c4","kind":"institutions","code":"UB-I023","name":"真格基金","nameBasis":"transliterated","summary":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","description":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","country":null,"category":null,"originalName":"真格基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.315Z","englishUpdatedAt":"2026-10-15T21:44:15.469Z","reviewedAt":"2026-10-15T21:44:15.469Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7d006c5ab94b8e9ae098bf817619bb927980a755729ea2b9b688ec037a9b4bd1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhenge Fund","path":"/institutions/zhenge-fund"},{"id":"2b07d3b8-20e4-4a9c-b4af-94286ae0d364","kind":"institutions","code":"UB-I024","name":"砺思资本","nameBasis":"transliterated","summary":"An emerging venture capital firm focused on early-stage AI, technology, and consumer investments.","description":"An emerging venture capital firm focused on early-stage AI, technology, and consumer investments.","country":null,"category":null,"originalName":"砺思资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.326Z","englishUpdatedAt":"2026-10-15T21:02:48.726Z","reviewedAt":"2026-10-15T21:02:48.726Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c0a253c0af7c6ebf5b1c716d6f498707d82fdf4becbb0b60a5b0f25f86e8d66b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lisi Capital","path":"/institutions/lisi-capital"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises CNY 2 billion angel round","brief":"On 2023/6/12, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised CNY 2 billion in angel funding, laying the foundation for subsequent funding rounds.","basis":"translated-source-brief","newsPath":"/news/6fdb315c-70f8-4b6a-8856-8d9a1e39c165","sourceCount":0}}],"totalRaised":{"value":3900000000,"label":"$3.9B","date":"2026-05-08T00:00:00.000Z"}},"valuation":{"metric":"valuation","count":15,"latest":{"value":50000000000,"text":"500亿美元（约3352亿元人民币）","date":"2026-10-06T00:00:00.000Z","round":"Pre-IPO","estimate":"$50B"},"years":[2026],"points":[{"year":2026,"date":"2026-05-08T00:00:00.000Z","round":null,"value":20000000000,"eventIds":["b8529ebc-839e-441d-bcbb-aacd0ef59eab"]},{"year":2026,"date":"2026-07-03T00:00:00.000Z","round":null,"value":31500000000,"eventIds":["edf55d77-5c28-403b-8a5d-555679d7b3d3"]},{"year":2026,"date":"2026-08-05T00:00:00.000Z","round":"Pre-IPO","value":50000000000,"eventIds":["bd8fe753-968b-4c05-956e-4d0082297bb5"]},{"year":2026,"date":"2026-10-06T00:00:00.000Z","round":"Pre-IPO","value":50000000000,"eventIds":["8107378f-9edf-4be1-9555-5762e3f78760"]}],"linePoints":[{"year":2026,"date":"2026-10-06T00:00:00.000Z","round":"Pre-IPO","value":50000000000,"eventIds":["8107378f-9edf-4be1-9555-5762e3f78760"]}],"conflictGroups":1,"omittedRecordCount":9,"records":[{"id":"8107378f-9edf-4be1-9555-5762e3f78760","date":"2026-10-06T00:00:00.000Z","round":"Pre-IPO","amountText":"500亿美元（约3352亿元人民币）","estimateUsd":50000000000,"estimateLabel":"$50B","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://pitchhub.36kr.com/financing-flash","evidence":{"headline":"Moonshot AI completes pre-IPO funding at approximately USD 50 billion valuation, plans Hong Kong listing in the first quarter of 2027","brief":"On 2026/10/6, 36Kr reported that Chinese large model company Moonshot AI had completed pre-IPO funding at a valuation of approximately USD 50 billion (approximately CNY 335.2 billion) and planned to list in Hong Kong in the first quarter of 2027. The funding amount was not disclosed.","basis":"translated-source-brief","newsPath":"/news/8107378f-9edf-4be1-9555-5762e3f78760","sourceCount":1}},{"id":"bd8fe753-968b-4c05-956e-4d0082297bb5","date":"2026-08-05T00:00:00.000Z","round":"Pre-IPO","amountText":"500亿美元（拟进行Pre-IPO融资）","estimateUsd":50000000000,"estimateLabel":"$50B","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://www.ithome.com/0/985/952.htm","evidence":{"headline":"Reports say Moonshot AI starts pre-IPO funding at USD 50 billion valuation","brief":"On 2026/8/5, IT Home reported that China’s Moonshot AI, behind Kimi, had reportedly started Series G pre-IPO funding at a USD 50 billion valuation, requiring participants to pay by 8/15. The round amount was undisclosed.","basis":"translated-source-brief","newsPath":"/news/bd8fe753-968b-4c05-956e-4d0082297bb5","sourceCount":1}},{"id":"7d099487-70dc-475a-9c1c-8d3961acbabe","date":"2026-07-29T00:00:00.000Z","round":"Series F","amountText":"350亿美元（投后）","estimateUsd":35000000000,"estimateLabel":"$35B (post-money)","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://www.ithome.com/0/983/170.htm","evidence":{"headline":"Moonshot AI raises USD 3.5 billion Series F at USD 35 billion post-money valuation","brief":"On 2026/7/29, IT Home reported that China’s Moonshot AI had raised USD 3.5 billion in Series F funding at a USD 35 billion post-money valuation. Subscriptions exceeded the original target threefold, and the round closed early.","basis":"translated-source-brief","newsPath":"/news/7d099487-70dc-475a-9c1c-8d3961acbabe","sourceCount":1}},{"id":"b2deda58-7616-4856-a6e1-22c51a1a42f2","date":"2026-07-29T00:00:00.000Z","round":"Series F","amountText":"2376.5亿元人民币（烯牛当前估值）","estimateUsd":33949500000,"estimateLabel":"RMB 238B","estimateNote":"≈ $33.9B","investors":"未知（烯牛未披露单轮投资方）","institutions":[],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 3.5 billion Series F","brief":"On 2026/7/29, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 3.5 billion in Series F funding, increasing its valuation further and continuing investment in multimodal large models and agent product R&D.","basis":"translated-source-brief","newsPath":"/news/b2deda58-7616-4856-a6e1-22c51a1a42f2","sourceCount":0}},{"id":"edf55d77-5c28-403b-8a5d-555679d7b3d3","date":"2026-07-03T00:00:00.000Z","round":null,"amountText":"315亿美元（投前）","estimateUsd":31500000000,"estimateLabel":"$31.5B (pre-money)","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://baijiahao.baidu.com/s?id=1869396978415194327&wfr=spider&for=pc","evidence":{"headline":"Moonshot exceeds USD 300 million ARR at USD 31.5 billion pre-money valuation","brief":"On 2026/7/3, Baijiahao reported that China’s Moonshot had exceeded USD 300 million ARR, with APIs contributing more than 70% of revenue. Its pre-money valuation rose to USD 31.5 billion, compared with USD 20 billion in the previous round.","basis":"translated-source-brief","newsPath":"/news/edf55d77-5c28-403b-8a5d-555679d7b3d3","sourceCount":1}},{"id":"64ae88a5-787f-4d03-a531-a83ba7d818b8","date":"2026-06-30T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"南昌和谐安瑞股权投资合伙企业（有限合伙），临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙），青岛仪象奔富创业投资基金合伙企业（有限合伙），华月创智（青岛）创业投资基金合伙企业（有限合伙），共青城君弘前沿创业投资合伙企业（有限合伙）","institutions":[{"id":"380658fe-1e5a-4f69-b364-2981e15150ab","kind":"institutions","code":"UB-I006","name":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","description":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","country":null,"category":null,"originalName":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.230Z","englishUpdatedAt":"2026-10-15T20:58:45.433Z","reviewedAt":"2026-10-15T20:58:45.433Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9a827cb85a74020d7581a1076552ec1af2e038792f8362310a22c00215f38eca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lingangqianyanatesi Yangzhou Xin Energy Guquan Investment Fund Partnership (Limited Partnership)","path":"/institutions/lingangqianyanatesi-yangzhou-xin-energy-guquan-investment-fund-partnership-limited-partnership"},{"id":"2220da0d-ca08-48a2-ac77-ad51c81b2276","kind":"institutions","code":"UB-I009","name":"共青城君弘前沿创业投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"共青城君弘前沿创业投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.131Z","englishUpdatedAt":"2026-10-15T18:45:27.649Z","reviewedAt":"2026-10-15T18:45:27.649Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a4316de303710c5290e35d54b4d7e395811f1a267492390e27d61ba8f41410fe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gongqingchengjunhongqianyan Venture Capital Partnership (Limited Partnership)","path":"/institutions/gongqingchengjunhongqianyan-venture-capital-partnership-limited-partnership"},{"id":"182ceb11-1e00-4a9d-afdc-9612de498919","kind":"institutions","code":"UB-I008","name":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.248Z","englishUpdatedAt":"2026-10-15T18:45:27.634Z","reviewedAt":"2026-10-15T18:45:27.634Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"2e1c4816f8bf968491504bee5e0cbe1d061801ba8a46cb2b5b6dc1b01b733c07","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huayuechuangzhi (Qingdao) Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/huayuechuangzhi-qingdao-venture-capital-fund-partnership-limited-partnership"},{"id":"2722a3b5-b89a-4ea7-8bc4-840561192612","kind":"institutions","code":"UB-I005","name":"南昌和谐安瑞股权投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership equity investment entity participating in Moonshot AI financing.","description":"A limited partnership equity investment entity participating in Moonshot AI financing.","country":null,"category":null,"originalName":"南昌和谐安瑞股权投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.146Z","englishUpdatedAt":"2026-10-15T20:44:29.330Z","reviewedAt":"2026-10-15T20:44:29.330Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"43d1ec842e6b753e6f7252ba7cd84f082fbe41c5a3cab03d98236b5826c3d3bc","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Nanchanghexieanruiguquan Investment Partnership (Limited Partnership)","path":"/institutions/nanchanghexieanruiguquan-investment-partnership-limited-partnership"},{"id":"a752a1b6-87c7-489f-add3-bdef5bd2b45c","kind":"institutions","code":"UB-I007","name":"青岛仪象奔富创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership venture capital fund investing in early-stage technology projects.","description":"A limited partnership venture capital fund investing in early-stage technology projects.","country":null,"category":null,"originalName":"青岛仪象奔富创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.308Z","englishUpdatedAt":"2026-10-15T20:44:29.486Z","reviewedAt":"2026-10-15T20:44:29.486Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"dae3c7940f053db1b55a608c7cd5b8ab18cd3993bcc604182a2a9fc5099b70ca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Qingdao Yixiangbenfu Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/qingdao-yixiangbenfu-venture-capital-fund-partnership-limited-partnership"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI completes equity financing","brief":"On 2026/6/30, aggregated media reports stated that Chinese large AI model company Moonshot AI had completed a new equity funding round, with several long-term institutional investors participating. Funds would support large model training and ecosystem development.","basis":"translated-source-brief","newsPath":"/news/64ae88a5-787f-4d03-a531-a83ba7d818b8","sourceCount":0}},{"id":"b8529ebc-839e-441d-bcbb-aacd0ef59eab","date":"2026-05-08T00:00:00.000Z","round":null,"amountText":"200亿美元","estimateUsd":20000000000,"estimateLabel":"$20B","estimateNote":null,"investors":"Long-Z Investments（美团龙珠）领投，Tsinghua Capital、China Mobile、CPE Yuanfeng 跟投","institutions":[{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"c18d5d49-8bce-40ab-b951-695f2166fad8","kind":"institutions","code":"UB-I799","name":"Tsinghua Capital","nameBasis":"original-brand","summary":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","description":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","country":null,"category":null,"originalName":"Tsinghua Capital","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:28.072Z","englishUpdatedAt":"2026-10-15T18:21:17.276Z","reviewedAt":"2026-10-15T18:21:17.276Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a9868c7f4c56f15726d0401fe1643344f14d89deab11231ff0db36d8f52abb54","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/tsinghua-capital"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"newsUrl":"https://techcrunch.com/2026/05/07/chinas-moonshot-ai-raises-2b-at-20b-valuation-as-demand-for-open-source-ai-skyrockets/","evidence":{"headline":"Moonshot AI exceeds USD 200 million ARR, raises USD 2 billion","brief":"On 2026/5/8, TechCrunch reported that Chinese large-model company Moonshot AI had raised USD 2 billion at a USD 20 billion valuation, bringing cumulative funding over six months to USD 3.9 billion. ARR exceeded USD 200 million. Its founder is Yang Zhilin.","basis":"translated-source-brief","newsPath":"/news/b8529ebc-839e-441d-bcbb-aacd0ef59eab","sourceCount":1}},{"id":"9ff35eba-921e-45ed-9240-444afeeb3a29","date":"2026-05-06T00:00:00.000Z","round":"Series D","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"美团龙珠领投，中国移动、中信产业基金、水木资本、国智投私募基金管理有限公司、北京市人工智能产业投资基金（有限合伙）等跟投","institutions":[{"id":"7f4553b2-22cc-43aa-b354-6026e60a8c5f","kind":"institutions","code":"UB-I015","name":"Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership)","nameBasis":"transliterated","summary":"A Beijing municipal AI industry guidance fund focused on AI investments.","description":"A Beijing municipal AI industry guidance fund focused on AI investments.","country":null,"category":null,"originalName":"北京市人工智能产业投资基金（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.224Z","englishUpdatedAt":"2026-10-15T21:02:48.806Z","reviewedAt":"2026-10-15T21:02:48.806Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"faca6b45e67069432dba0cac7e9d5410da95daae29ad8db43ef7bb4db2436bbd","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/beijing-city-artificial-intelligence-industrial-investment-fund-limited-partnership"},{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"a6b8faca-d335-4d32-a999-cad99e407b8d","kind":"institutions","code":"UB-I014","name":"国智投私募基金管理有限公司","nameBasis":"transliterated","summary":"Private equity fund manager.","description":"Private equity fund manager.","country":null,"category":null,"originalName":"国智投私募基金管理有限公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.119Z","englishUpdatedAt":"2026-10-15T19:48:08.530Z","reviewedAt":"2026-10-15T19:48:08.530Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9f4775410ed97aa5cc56cb010564747b8bce37927bdcdc92381897b0549f3cfe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guozhitou Private Fund Management Co., Ltd.","path":"/institutions/guozhitou-private-fund-management-co-ltd"},{"id":"79b7cbd9-c0c3-4252-89e6-593fa2e5d629","kind":"institutions","code":"UB-I013","name":"水木资本","nameBasis":"transliterated","summary":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","description":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","country":null,"category":null,"originalName":"水木资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.237Z","englishUpdatedAt":"2026-10-15T21:10:01.696Z","reviewedAt":"2026-10-15T21:10:01.696Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e0353dfb469d45a7d65c56eda09cf1a34160fcd080609294a577465165538b17","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shuimu Capital","path":"/institutions/shuimu-capital"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 2 billion Series D","brief":"On 2026/5/6, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 2 billion in Series D funding. Its valuation and business scale rose together as it continued AGI research.","basis":"translated-source-brief","newsPath":"/news/9ff35eba-921e-45ed-9240-444afeeb3a29","sourceCount":0}},{"id":"b393c2ba-f1c1-458c-a692-f4b65d103793","date":"2026-02-17T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"阿里巴巴、五源资本、九安医疗、腾讯等领投，凯辉基金跟投","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"b842f0a3-f775-4fc7-9db8-f9015b2643e7","kind":"institutions","code":"UB-I017","name":"九安医疗","nameBasis":"transliterated","summary":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","description":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","country":null,"category":null,"originalName":"九安医疗","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.203Z","englishUpdatedAt":"2026-10-15T21:43:23.694Z","reviewedAt":"2026-10-15T21:43:23.694Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c614cc9badf928aec814ac6fcf1136b265080415aba766d49a759633ca4824f8","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuan Medical","path":"/institutions/jiuan-medical"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"dff717d3-eca1-4064-a0a1-0ca0a2f99227","kind":"institutions","code":"UB-I018","name":"凯辉基金","nameBasis":"transliterated","summary":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"凯辉基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.218Z","englishUpdatedAt":"2026-10-15T21:31:30.045Z","reviewedAt":"2026-10-15T21:31:30.045Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e02301c4aec5f78e9cbb8836949631d0701e6109a504195c279fbc184704be03","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Kaihui Fund","path":"/institutions/kaihui-fund"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 700 million equity investment","brief":"On 2026/2/17, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 700 million in equity investment, attracting multiple investment institutions to expand computing capacity and its R&D team.","basis":"translated-source-brief","newsPath":"/news/b393c2ba-f1c1-458c-a692-f4b65d103793","sourceCount":0}},{"id":"56947bfa-8bec-4afc-a1b8-bc91eac7f90c","date":"2025-12-31T00:00:00.000Z","round":"Series C","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"IDG资本领投，阿里、腾讯、王慧文等跟投","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"af15fd95-766d-4537-945b-8aa2be56c79c","kind":"institutions","code":"UB-I004","name":"王慧文","nameBasis":"transliterated","summary":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","description":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","country":null,"category":null,"originalName":"王慧文","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.039Z","englishUpdatedAt":"2026-10-15T21:44:38.235Z","reviewedAt":"2026-10-15T21:44:38.235Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"261deabbcc9d61521aec28c668304dad1816b6c3268acc58592ffaf631d85a04","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wanghuiwen","path":"/institutions/wanghuiwen"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 500 million Series C","brief":"On 2025/12/31, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 500 million in Series C funding, mainly for foundation model training and consumer product promotion.","basis":"translated-source-brief","newsPath":"/news/56947bfa-8bec-4afc-a1b8-bc91eac7f90c","sourceCount":0}},{"id":"0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","date":"2025-10-24T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"IDG资本,腾讯投资","institutions":[{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises hundreds of millions of USD in equity financing","brief":null,"basis":null,"newsPath":"/news/0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","sourceCount":0}},{"id":"64f99f33-d44d-4c74-b001-617fe9679886","date":"2024-08-05T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"腾讯，阿里巴巴，高榕资本，今日资本，三七互娱创投基金等","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"a7331e6f-31b6-41e9-be3c-084ebe9d9fe7","kind":"institutions","code":"UB-I019","name":"Gaorong Capital","nameBasis":"transliterated","summary":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","description":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","country":null,"category":null,"originalName":"高榕资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.139Z","englishUpdatedAt":"2026-10-15T21:41:18.630Z","reviewedAt":"2026-10-15T21:41:18.630Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7fa0e7e315ae3d1e83bdb160363ee12e882a601a724f02ad3a4d9678209fabc7","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/gaorong-capital"},{"id":"f5c2d321-90e4-4980-a70c-4da9efc93caf","kind":"institutions","code":"UB-I021","name":"三七互娱创投基金","nameBasis":"transliterated","summary":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","description":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","country":null,"category":null,"originalName":"三七互娱创投基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.112Z","englishUpdatedAt":"2026-10-15T21:25:20.360Z","reviewedAt":"2026-10-15T21:25:20.360Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"49b82271d9f7929997ba16b0e78fdd503bd31aaa60b18764911dae817629fe00","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Sanqihuyu Venture Capital Fund","path":"/institutions/sanqihuyu-venture-capital-fund"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 300 million in equity funding","brief":"On 2024/8/5, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised USD 300 million in equity funding, with continued increased backing from institutions.","basis":"translated-source-brief","newsPath":"/news/64f99f33-d44d-4c74-b001-617fe9679886","sourceCount":0}},{"id":"c01b2789-fa17-410a-902a-14f061483d63","date":"2024-02-19T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"（烯牛未披露）","institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"b381794d-bb9b-4095-b2fd-af83a435e308","kind":"institutions","code":"UB-I2357","name":"Meituan","nameBasis":"transliterated","summary":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","description":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","country":null,"category":null,"originalName":"美团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:27.151Z","englishUpdatedAt":"2026-10-15T21:37:02.767Z","reviewedAt":"2026-10-15T21:37:02.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e9abbf138ba5bd93afb7283c120e2c96189bcc60ec91f6ac305df690348d9197","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/meituan"},{"id":"ffcda6d8-33f3-4f3b-ad21-2cf93dbba7e1","kind":"institutions","code":"UB-I2962","name":"小红书","nameBasis":"transliterated","summary":"Xiaohongshu, undertaking strategic investments.","description":"Xiaohongshu, undertaking strategic investments.","country":null,"category":null,"originalName":"小红书","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T14:00:14.838Z","englishUpdatedAt":"2026-10-15T19:58:05.257Z","reviewedAt":"2026-10-15T19:58:05.257Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a85516dfd81c489969e2a0b60db2833b06712922d09afb00d1f5181478923ec0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiaohongshu","path":"/institutions/xiaohongshu"},{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 1 billion equity investment","brief":"On 2024/2/19, multiple media reports said Chinese large AI model company Moonshot AI had raised USD 1 billion in equity investment, with investors remaining optimistic about its multimodal model approach.","basis":"translated-source-brief","newsPath":"/news/c01b2789-fa17-410a-902a-14f061483d63","sourceCount":0}},{"id":"e4a48770-e767-495e-929d-0d41400d2fa1","date":"2023-12-06T00:00:00.000Z","round":"Series A","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"招商局中国基金","institutions":[{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises USD 10 million in Series A financing","brief":null,"basis":null,"newsPath":"/news/e4a48770-e767-495e-929d-0d41400d2fa1","sourceCount":0}},{"id":"6fdb315c-70f8-4b6a-8856-8d9a1e39c165","date":"2023-06-12T00:00:00.000Z","round":"Angel","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"红杉中国，真格基金，今日资本，砺思资本等","institutions":[{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"0294da51-46c3-4270-ad76-423d17b7b0c4","kind":"institutions","code":"UB-I023","name":"真格基金","nameBasis":"transliterated","summary":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","description":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","country":null,"category":null,"originalName":"真格基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.315Z","englishUpdatedAt":"2026-10-15T21:44:15.469Z","reviewedAt":"2026-10-15T21:44:15.469Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7d006c5ab94b8e9ae098bf817619bb927980a755729ea2b9b688ec037a9b4bd1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhenge Fund","path":"/institutions/zhenge-fund"},{"id":"2b07d3b8-20e4-4a9c-b4af-94286ae0d364","kind":"institutions","code":"UB-I024","name":"砺思资本","nameBasis":"transliterated","summary":"An emerging venture capital firm focused on early-stage AI, technology, and consumer investments.","description":"An emerging venture capital firm focused on early-stage AI, technology, and consumer investments.","country":null,"category":null,"originalName":"砺思资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.326Z","englishUpdatedAt":"2026-10-15T21:02:48.726Z","reviewedAt":"2026-10-15T21:02:48.726Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c0a253c0af7c6ebf5b1c716d6f498707d82fdf4becbb0b60a5b0f25f86e8d66b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lisi Capital","path":"/institutions/lisi-capital"}],"newsUrl":null,"evidence":{"headline":"Moonshot AI raises CNY 2 billion angel round","brief":"On 2023/6/12, aggregated media reports stated that Chinese large AI model company Moonshot AI had raised CNY 2 billion in angel funding, laying the foundation for subsequent funding rounds.","basis":"translated-source-brief","newsPath":"/news/6fdb315c-70f8-4b6a-8856-8d9a1e39c165","sourceCount":0}}]},"revenue":{"metric":"revenue","count":4,"latest":{"value":300000000,"text":"超过3亿美元（ARR）","date":"2026-07-03T00:00:00.000Z","round":null,"estimate":"over $300M (ARR)"},"years":[2026],"points":[{"year":2026,"date":"2026-04-01T00:00:00.000Z","round":null,"value":100000000,"eventIds":["9c4fe0d9-ec0b-4530-9252-1d43998a6a92"]},{"year":2026,"date":"2026-05-08T00:00:00.000Z","round":null,"value":200000000,"eventIds":["b8529ebc-839e-441d-bcbb-aacd0ef59eab"]},{"year":2026,"date":"2026-07-03T00:00:00.000Z","round":null,"value":300000000,"eventIds":["edf55d77-5c28-403b-8a5d-555679d7b3d3"]}],"linePoints":[],"conflictGroups":0,"omittedRecordCount":1,"records":[{"id":"f5623f1c-30b2-403f-8697-d2db494fc8af","date":"2026-10-15T00:00:00.000Z","round":null,"amountText":"1B","estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://techcrunch.com/2026/09/11/kimi-maker-moonshot-ai-targets-2-billion-in-annual-revenue/","evidence":{"headline":"Moonshot ARR hit $1B, targets $2B ARR by end of year","brief":"Moonshot disclosed ARR of USD 1 billion, targeting USD 2 billion by year-end.","basis":"translated-source-brief","newsPath":"/news/f5623f1c-30b2-403f-8697-d2db494fc8af","sourceCount":1}},{"id":"edf55d77-5c28-403b-8a5d-555679d7b3d3","date":"2026-07-03T00:00:00.000Z","round":null,"amountText":"超过3亿美元（ARR）","estimateUsd":300000000,"estimateLabel":"over $300M (ARR)","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://baijiahao.baidu.com/s?id=1869396978415194327&wfr=spider&for=pc","evidence":{"headline":"Moonshot exceeds USD 300 million ARR at USD 31.5 billion pre-money valuation","brief":"On 2026/7/3, Baijiahao reported that China’s Moonshot had exceeded USD 300 million ARR, with APIs contributing more than 70% of revenue. Its pre-money valuation rose to USD 31.5 billion, compared with USD 20 billion in the previous round.","basis":"translated-source-brief","newsPath":"/news/edf55d77-5c28-403b-8a5d-555679d7b3d3","sourceCount":1}},{"id":"b8529ebc-839e-441d-bcbb-aacd0ef59eab","date":"2026-05-08T00:00:00.000Z","round":null,"amountText":"超过2亿美元（ARR）","estimateUsd":200000000,"estimateLabel":"over $200M (ARR)","estimateNote":null,"investors":"Long-Z Investments（美团龙珠）领投，Tsinghua Capital、China Mobile、CPE Yuanfeng 跟投","institutions":[{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"c18d5d49-8bce-40ab-b951-695f2166fad8","kind":"institutions","code":"UB-I799","name":"Tsinghua Capital","nameBasis":"original-brand","summary":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","description":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","country":null,"category":null,"originalName":"Tsinghua Capital","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:28.072Z","englishUpdatedAt":"2026-10-15T18:21:17.276Z","reviewedAt":"2026-10-15T18:21:17.276Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a9868c7f4c56f15726d0401fe1643344f14d89deab11231ff0db36d8f52abb54","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/tsinghua-capital"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"newsUrl":"https://techcrunch.com/2026/05/07/chinas-moonshot-ai-raises-2b-at-20b-valuation-as-demand-for-open-source-ai-skyrockets/","evidence":{"headline":"Moonshot AI exceeds USD 200 million ARR, raises USD 2 billion","brief":"On 2026/5/8, TechCrunch reported that Chinese large-model company Moonshot AI had raised USD 2 billion at a USD 20 billion valuation, bringing cumulative funding over six months to USD 3.9 billion. ARR exceeded USD 200 million. Its founder is Yang Zhilin.","basis":"translated-source-brief","newsPath":"/news/b8529ebc-839e-441d-bcbb-aacd0ef59eab","sourceCount":1}},{"id":"9c4fe0d9-ec0b-4530-9252-1d43998a6a92","date":"2026-04-01T00:00:00.000Z","round":null,"amountText":"1亿美元（ARR）","estimateUsd":100000000,"estimateLabel":"$100M (ARR)","estimateNote":null,"investors":null,"institutions":[],"newsUrl":"https://pandaily.com/moonshot-ai-surpasses-100-m-arr-one-month-after-kimi-k2-5-launch?ref=insights.tryspecter.com","evidence":{"headline":"Moonshot AI reaches USD 100 million ARR","brief":"On 2026/4/1, Panda Daily reported that Moonshot AI’s Kimi model had driven the company to USD 100 million ARR in China’s competitive large model market. It did not disclose its latest funding or valuation.","basis":"translated-source-brief","newsPath":"/news/9c4fe0d9-ec0b-4530-9252-1d43998a6a92","sourceCount":1}}]}},"events":[{"id":"f5623f1c-30b2-403f-8697-d2db494fc8af","kind":"other","eventDate":"2026-10-15T00:00:00.000Z","revenueDate":"2026-10-15T00:00:00.000Z","round":null,"amountText":null,"valuationText":null,"revenueText":"1B","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":null,"newsUrl":"https://techcrunch.com/2026/09/11/kimi-maker-moonshot-ai-targets-2-billion-in-annual-revenue/","newsTypes":["收入"],"institutions":[],"roundName":null,"amountLabel":null,"valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"8107378f-9edf-4be1-9555-5762e3f78760","kind":"funding","eventDate":"2026-10-06T00:00:00.000Z","revenueDate":null,"round":"Pre-IPO","amountText":"未披露","valuationText":"500亿美元（约3352亿元人民币）","revenueText":"","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":50000000000,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":null,"newsUrl":"https://pitchhub.36kr.com/financing-flash","newsTypes":["融资","估值","上市"],"institutions":[],"roundName":"Pre-IPO","amountLabel":"Undisclosed","valuationLabel":"$50B","revenueLabel":null,"cumulativeFundingLabel":null},{"id":"bd8fe753-968b-4c05-956e-4d0082297bb5","kind":"funding","eventDate":"2026-08-05T00:00:00.000Z","revenueDate":null,"round":"Pre-IPO","amountText":null,"valuationText":"500亿美元（拟进行Pre-IPO融资）","revenueText":"","cumulativeFundingText":"","amountEstimateUsd":4285714,"valuationEstimateUsd":50000000000,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":null,"newsUrl":"https://www.ithome.com/0/985/952.htm","newsTypes":["融资","估值","上市"],"institutions":[],"roundName":"Pre-IPO","amountLabel":"$4.29M","valuationLabel":"$50B","revenueLabel":null,"cumulativeFundingLabel":null},{"id":"7d099487-70dc-475a-9c1c-8d3961acbabe","kind":"funding","eventDate":"2026-07-29T00:00:00.000Z","revenueDate":null,"round":"F轮","amountText":"35亿美元","valuationText":"350亿美元（投后）","revenueText":"","cumulativeFundingText":"","amountEstimateUsd":3500000000,"valuationEstimateUsd":35000000000,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":null,"newsUrl":"https://www.ithome.com/0/983/170.htm","newsTypes":["融资","估值"],"institutions":[],"roundName":"Series F","amountLabel":"$3.5B","valuationLabel":"$35B (post-money)","revenueLabel":null,"cumulativeFundingLabel":null},{"id":"b2deda58-7616-4856-a6e1-22c51a1a42f2","kind":"funding","eventDate":"2026-07-29T00:00:00.000Z","revenueDate":null,"round":"F轮","amountText":"35亿美元","valuationText":"2376.5亿元人民币（烯牛当前估值）","revenueText":"","cumulativeFundingText":"80亿美元+20亿人民币（另有1轮金额未披露）","amountEstimateUsd":3500000000,"valuationEstimateUsd":33949500000,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"未知（烯牛未披露单轮投资方）","newsUrl":null,"newsTypes":["融资"],"institutions":[],"roundName":"Series F","amountLabel":"$3.5B","valuationLabel":"RMB 238B","revenueLabel":null,"cumulativeFundingLabel":null},{"id":"edf55d77-5c28-403b-8a5d-555679d7b3d3","kind":"other","eventDate":"2026-07-03T00:00:00.000Z","revenueDate":"2026-07-03T00:00:00.000Z","round":null,"amountText":null,"valuationText":"315亿美元（投前）","revenueText":"超过3亿美元（ARR）","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":31500000000,"revenueEstimateUsd":300000000,"cumulativeFundingEstimateUsd":null,"investors":null,"newsUrl":"https://baijiahao.baidu.com/s?id=1869396978415194327&wfr=spider&for=pc","newsTypes":["估值","收入"],"institutions":[],"roundName":null,"amountLabel":null,"valuationLabel":"$31.5B (pre-money)","revenueLabel":"over $300M (ARR)","cumulativeFundingLabel":null},{"id":"64ae88a5-787f-4d03-a531-a83ba7d818b8","kind":"funding","eventDate":"2026-06-30T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"金额未知","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"南昌和谐安瑞股权投资合伙企业（有限合伙），临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙），青岛仪象奔富创业投资基金合伙企业（有限合伙），华月创智（青岛）创业投资基金合伙企业（有限合伙），共青城君弘前沿创业投资合伙企业（有限合伙）","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"380658fe-1e5a-4f69-b364-2981e15150ab","kind":"institutions","code":"UB-I006","name":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","description":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","country":null,"category":null,"originalName":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.230Z","englishUpdatedAt":"2026-10-15T20:58:45.433Z","reviewedAt":"2026-10-15T20:58:45.433Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9a827cb85a74020d7581a1076552ec1af2e038792f8362310a22c00215f38eca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lingangqianyanatesi Yangzhou Xin Energy Guquan Investment Fund Partnership (Limited Partnership)","path":"/institutions/lingangqianyanatesi-yangzhou-xin-energy-guquan-investment-fund-partnership-limited-partnership"},{"id":"2220da0d-ca08-48a2-ac77-ad51c81b2276","kind":"institutions","code":"UB-I009","name":"共青城君弘前沿创业投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"共青城君弘前沿创业投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.131Z","englishUpdatedAt":"2026-10-15T18:45:27.649Z","reviewedAt":"2026-10-15T18:45:27.649Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a4316de303710c5290e35d54b4d7e395811f1a267492390e27d61ba8f41410fe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gongqingchengjunhongqianyan Venture Capital Partnership (Limited Partnership)","path":"/institutions/gongqingchengjunhongqianyan-venture-capital-partnership-limited-partnership"},{"id":"182ceb11-1e00-4a9d-afdc-9612de498919","kind":"institutions","code":"UB-I008","name":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.248Z","englishUpdatedAt":"2026-10-15T18:45:27.634Z","reviewedAt":"2026-10-15T18:45:27.634Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"2e1c4816f8bf968491504bee5e0cbe1d061801ba8a46cb2b5b6dc1b01b733c07","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huayuechuangzhi (Qingdao) Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/huayuechuangzhi-qingdao-venture-capital-fund-partnership-limited-partnership"},{"id":"2722a3b5-b89a-4ea7-8bc4-840561192612","kind":"institutions","code":"UB-I005","name":"南昌和谐安瑞股权投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership equity investment entity participating in Moonshot AI financing.","description":"A limited partnership equity investment entity participating in Moonshot AI financing.","country":null,"category":null,"originalName":"南昌和谐安瑞股权投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.146Z","englishUpdatedAt":"2026-10-15T20:44:29.330Z","reviewedAt":"2026-10-15T20:44:29.330Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"43d1ec842e6b753e6f7252ba7cd84f082fbe41c5a3cab03d98236b5826c3d3bc","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Nanchanghexieanruiguquan Investment Partnership (Limited Partnership)","path":"/institutions/nanchanghexieanruiguquan-investment-partnership-limited-partnership"},{"id":"a752a1b6-87c7-489f-add3-bdef5bd2b45c","kind":"institutions","code":"UB-I007","name":"青岛仪象奔富创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership venture capital fund investing in early-stage technology projects.","description":"A limited partnership venture capital fund investing in early-stage technology projects.","country":null,"category":null,"originalName":"青岛仪象奔富创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.308Z","englishUpdatedAt":"2026-10-15T20:44:29.486Z","reviewedAt":"2026-10-15T20:44:29.486Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"dae3c7940f053db1b55a608c7cd5b8ab18cd3993bcc604182a2a9fc5099b70ca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Qingdao Yixiangbenfu Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/qingdao-yixiangbenfu-venture-capital-fund-partnership-limited-partnership"}],"roundName":"Equity","amountLabel":"Undisclosed","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"b8529ebc-839e-441d-bcbb-aacd0ef59eab","kind":"funding","eventDate":"2026-05-08T00:00:00.000Z","revenueDate":"2026-05-08T00:00:00.000Z","round":null,"amountText":"20亿美元","valuationText":"200亿美元","revenueText":"超过2亿美元（ARR）","cumulativeFundingText":"39亿美元","amountEstimateUsd":2000000000,"valuationEstimateUsd":20000000000,"revenueEstimateUsd":200000000,"cumulativeFundingEstimateUsd":3900000000,"investors":"Long-Z Investments（美团龙珠）领投，Tsinghua Capital、China Mobile、CPE Yuanfeng 跟投","newsUrl":"https://techcrunch.com/2026/05/07/chinas-moonshot-ai-raises-2b-at-20b-valuation-as-demand-for-open-source-ai-skyrockets/","newsTypes":["融资","估值","收入"],"institutions":[{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"c18d5d49-8bce-40ab-b951-695f2166fad8","kind":"institutions","code":"UB-I799","name":"Tsinghua Capital","nameBasis":"original-brand","summary":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","description":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","country":null,"category":null,"originalName":"Tsinghua Capital","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:28.072Z","englishUpdatedAt":"2026-10-15T18:21:17.276Z","reviewedAt":"2026-10-15T18:21:17.276Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a9868c7f4c56f15726d0401fe1643344f14d89deab11231ff0db36d8f52abb54","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/tsinghua-capital"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"roundName":null,"amountLabel":"$2B","valuationLabel":"$20B","revenueLabel":"over $200M (ARR)","cumulativeFundingLabel":"$3.9B"},{"id":"9ff35eba-921e-45ed-9240-444afeeb3a29","kind":"funding","eventDate":"2026-05-06T00:00:00.000Z","revenueDate":null,"round":"D轮","amountText":"20亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":2000000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"美团龙珠领投，中国移动、中信产业基金、水木资本、国智投私募基金管理有限公司、北京市人工智能产业投资基金（有限合伙）等跟投","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"7f4553b2-22cc-43aa-b354-6026e60a8c5f","kind":"institutions","code":"UB-I015","name":"Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership)","nameBasis":"transliterated","summary":"A Beijing municipal AI industry guidance fund focused on AI investments.","description":"A Beijing municipal AI industry guidance fund focused on AI investments.","country":null,"category":null,"originalName":"北京市人工智能产业投资基金（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.224Z","englishUpdatedAt":"2026-10-15T21:02:48.806Z","reviewedAt":"2026-10-15T21:02:48.806Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"faca6b45e67069432dba0cac7e9d5410da95daae29ad8db43ef7bb4db2436bbd","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/beijing-city-artificial-intelligence-industrial-investment-fund-limited-partnership"},{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"a6b8faca-d335-4d32-a999-cad99e407b8d","kind":"institutions","code":"UB-I014","name":"国智投私募基金管理有限公司","nameBasis":"transliterated","summary":"Private equity fund manager.","description":"Private equity fund manager.","country":null,"category":null,"originalName":"国智投私募基金管理有限公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.119Z","englishUpdatedAt":"2026-10-15T19:48:08.530Z","reviewedAt":"2026-10-15T19:48:08.530Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9f4775410ed97aa5cc56cb010564747b8bce37927bdcdc92381897b0549f3cfe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guozhitou Private Fund Management Co., Ltd.","path":"/institutions/guozhitou-private-fund-management-co-ltd"},{"id":"79b7cbd9-c0c3-4252-89e6-593fa2e5d629","kind":"institutions","code":"UB-I013","name":"水木资本","nameBasis":"transliterated","summary":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","description":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","country":null,"category":null,"originalName":"水木资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.237Z","englishUpdatedAt":"2026-10-15T21:10:01.696Z","reviewedAt":"2026-10-15T21:10:01.696Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e0353dfb469d45a7d65c56eda09cf1a34160fcd080609294a577465165538b17","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shuimu Capital","path":"/institutions/shuimu-capital"},{"id":"b19c6b58-aca8-4617-a30b-fda20e28e119","kind":"institutions","code":"UB-I010","name":"美团龙珠","nameBasis":"transliterated","summary":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","description":"Meituan Longzhu, an industrial investment entity under Meituan focused on consumer businesses and technology.","country":null,"category":null,"originalName":"美团龙珠","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.105Z","englishUpdatedAt":"2026-10-15T21:21:01.760Z","reviewedAt":"2026-10-15T21:21:01.760Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"33423e91f891d7b7f87a4d220da73b4d67e85f8eae728be234b23f738daa29c5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Meituanlongzhu","path":"/institutions/meituanlongzhu"}],"roundName":"Series D","amountLabel":"$2B","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"9c4fe0d9-ec0b-4530-9252-1d43998a6a92","kind":"other","eventDate":"2026-04-01T00:00:00.000Z","revenueDate":"2026-04-01T00:00:00.000Z","round":null,"amountText":null,"valuationText":null,"revenueText":"1亿美元（ARR）","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":null,"revenueEstimateUsd":100000000,"cumulativeFundingEstimateUsd":null,"investors":null,"newsUrl":"https://pandaily.com/moonshot-ai-surpasses-100-m-arr-one-month-after-kimi-k2-5-launch?ref=insights.tryspecter.com","newsTypes":["收入"],"institutions":[],"roundName":null,"amountLabel":null,"valuationLabel":null,"revenueLabel":"$100M (ARR)","cumulativeFundingLabel":null},{"id":"b393c2ba-f1c1-458c-a692-f4b65d103793","kind":"funding","eventDate":"2026-02-17T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"7亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":700000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"阿里巴巴、五源资本、九安医疗、腾讯等领投，凯辉基金跟投","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"b842f0a3-f775-4fc7-9db8-f9015b2643e7","kind":"institutions","code":"UB-I017","name":"九安医疗","nameBasis":"transliterated","summary":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","description":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","country":null,"category":null,"originalName":"九安医疗","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.203Z","englishUpdatedAt":"2026-10-15T21:43:23.694Z","reviewedAt":"2026-10-15T21:43:23.694Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c614cc9badf928aec814ac6fcf1136b265080415aba766d49a759633ca4824f8","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuan Medical","path":"/institutions/jiuan-medical"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"dff717d3-eca1-4064-a0a1-0ca0a2f99227","kind":"institutions","code":"UB-I018","name":"凯辉基金","nameBasis":"transliterated","summary":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"凯辉基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.218Z","englishUpdatedAt":"2026-10-15T21:31:30.045Z","reviewedAt":"2026-10-15T21:31:30.045Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e02301c4aec5f78e9cbb8836949631d0701e6109a504195c279fbc184704be03","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Kaihui Fund","path":"/institutions/kaihui-fund"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"roundName":"Equity","amountLabel":"$700M","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"56947bfa-8bec-4afc-a1b8-bc91eac7f90c","kind":"funding","eventDate":"2025-12-31T00:00:00.000Z","revenueDate":null,"round":"C轮","amountText":"5亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":500000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"IDG资本领投，阿里、腾讯、王慧文等跟投","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"af15fd95-766d-4537-945b-8aa2be56c79c","kind":"institutions","code":"UB-I004","name":"王慧文","nameBasis":"transliterated","summary":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","description":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","country":null,"category":null,"originalName":"王慧文","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.039Z","englishUpdatedAt":"2026-10-15T21:44:38.235Z","reviewedAt":"2026-10-15T21:44:38.235Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"261deabbcc9d61521aec28c668304dad1816b6c3268acc58592ffaf631d85a04","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wanghuiwen","path":"/institutions/wanghuiwen"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"roundName":"Series C","amountLabel":"$500M","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"0bc6d833-7e8a-4fec-a3c5-16bc54ac3254","kind":"funding","eventDate":"2025-10-24T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"数亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"IDG资本,腾讯投资","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"roundName":"Equity","amountLabel":"Hundreds of millions of US dollars","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"64f99f33-d44d-4c74-b001-617fe9679886","kind":"funding","eventDate":"2024-08-05T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"3亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":300000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"腾讯，阿里巴巴，高榕资本，今日资本，三七互娱创投基金等","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"a7331e6f-31b6-41e9-be3c-084ebe9d9fe7","kind":"institutions","code":"UB-I019","name":"Gaorong Capital","nameBasis":"transliterated","summary":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","description":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","country":null,"category":null,"originalName":"高榕资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.139Z","englishUpdatedAt":"2026-10-15T21:41:18.630Z","reviewedAt":"2026-10-15T21:41:18.630Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7fa0e7e315ae3d1e83bdb160363ee12e882a601a724f02ad3a4d9678209fabc7","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/gaorong-capital"},{"id":"f5c2d321-90e4-4980-a70c-4da9efc93caf","kind":"institutions","code":"UB-I021","name":"三七互娱创投基金","nameBasis":"transliterated","summary":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","description":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","country":null,"category":null,"originalName":"三七互娱创投基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.112Z","englishUpdatedAt":"2026-10-15T21:25:20.360Z","reviewedAt":"2026-10-15T21:25:20.360Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"49b82271d9f7929997ba16b0e78fdd503bd31aaa60b18764911dae817629fe00","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Sanqihuyu Venture Capital Fund","path":"/institutions/sanqihuyu-venture-capital-fund"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"roundName":"Equity","amountLabel":"$300M","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"c01b2789-fa17-410a-902a-14f061483d63","kind":"funding","eventDate":"2024-02-19T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"10亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":1000000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"（烯牛未披露）","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"b381794d-bb9b-4095-b2fd-af83a435e308","kind":"institutions","code":"UB-I2357","name":"Meituan","nameBasis":"transliterated","summary":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","description":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","country":null,"category":null,"originalName":"美团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:27.151Z","englishUpdatedAt":"2026-10-15T21:37:02.767Z","reviewedAt":"2026-10-15T21:37:02.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e9abbf138ba5bd93afb7283c120e2c96189bcc60ec91f6ac305df690348d9197","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/meituan"},{"id":"ffcda6d8-33f3-4f3b-ad21-2cf93dbba7e1","kind":"institutions","code":"UB-I2962","name":"小红书","nameBasis":"transliterated","summary":"Xiaohongshu, undertaking strategic investments.","description":"Xiaohongshu, undertaking strategic investments.","country":null,"category":null,"originalName":"小红书","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T14:00:14.838Z","englishUpdatedAt":"2026-10-15T19:58:05.257Z","reviewedAt":"2026-10-15T19:58:05.257Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a85516dfd81c489969e2a0b60db2833b06712922d09afb00d1f5181478923ec0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiaohongshu","path":"/institutions/xiaohongshu"},{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"}],"roundName":"Equity","amountLabel":"$1B","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"e4a48770-e767-495e-929d-0d41400d2fa1","kind":"funding","eventDate":"2023-12-06T00:00:00.000Z","revenueDate":null,"round":"A轮","amountText":"1000万美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":10000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"招商局中国基金","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"}],"roundName":"Series A","amountLabel":"$10M","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"6fdb315c-70f8-4b6a-8856-8d9a1e39c165","kind":"funding","eventDate":"2023-06-12T00:00:00.000Z","revenueDate":null,"round":"天使轮","amountText":"20亿人民币","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":285714286,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"红杉中国，真格基金，今日资本，砺思资本等","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"0294da51-46c3-4270-ad76-423d17b7b0c4","kind":"institutions","code":"UB-I023","name":"真格基金","nameBasis":"transliterated","summary":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","description":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","country":null,"category":null,"originalName":"真格基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.315Z","englishUpdatedAt":"2026-10-15T21:44:15.469Z","reviewedAt":"2026-10-15T21:44:15.469Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7d006c5ab94b8e9ae098bf817619bb927980a755729ea2b9b688ec037a9b4bd1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhenge Fund","path":"/institutions/zhenge-fund"},{"id":"2b07d3b8-20e4-4a9c-b4af-94286ae0d364","kind":"institutions","code":"UB-I024","name":"砺思资本","nameBasis":"transliterated","summary":"An emerging venture capital firm focused on early-stage AI, technology, and consumer investments.","description":"An emerging venture capital firm focused on early-stage AI, technology, and consumer investments.","country":null,"category":null,"originalName":"砺思资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.326Z","englishUpdatedAt":"2026-10-15T21:02:48.726Z","reviewedAt":"2026-10-15T21:02:48.726Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c0a253c0af7c6ebf5b1c716d6f498707d82fdf4becbb0b60a5b0f25f86e8d66b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lisi Capital","path":"/institutions/lisi-capital"}],"roundName":"Angel","amountLabel":"RMB 2B","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null}],"team":[{"id":"9977416c-667d-4d1a-b3e5-83df3a6b6015","kind":"people","code":"UB-P071","name":"Yang Zhilin","nameBasis":"transliterated","summary":"Founder, CEO, chairman and legal representative of Moonshot AI, behind Kimi. Holds a bachelor’s degree from Tsinghua University and a doctorate from Carnegie Mellon University, and authored Transformer-XL and XLNet. The company was founded in 2023 and completed its conversion to a joint-stock company in 2026 in preparation for a Hong Kong listing.","description":"Chinese person.","country":null,"category":null,"originalName":"杨植麟","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-05T19:00:09.538Z","englishUpdatedAt":"2026-10-16T00:02:09.717Z","reviewedAt":"2026-10-16T00:02:09.717Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"6cfae41609ffe6fbdf492ae3a93c57bdf49787f060ed52d150fbf36c1aa3de53","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/people/yang-zhilin"}],"productsRelated":[{"id":"386b66e5-cefc-4f9b-9900-215c5d8b710d","kind":"products","code":"UB-D596","name":"Kimi","nameBasis":"original-brand","summary":"An AI assistant launched by Moonshot AI, featuring web search, deep thinking, multimodal reasoning, and extremely long-context conversations. It was the first intelligent assistant to support long texts of 200,000 Chinese characters.","description":"An AI assistant launched by Moonshot AI, featuring web search, deep thinking, multimodal reasoning, and extremely long-context conversations. It was the first intelligent assistant to support long texts of 200,000 Chinese characters.","country":null,"category":"Chatbots","originalName":"Kimi","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T09:14:30.269Z","englishUpdatedAt":"2026-10-15T21:29:27.871Z","reviewedAt":"2026-10-15T21:29:27.871Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c52dcfd985f23ed268c9318878dd1216db715e856f6bb5a4864bf98a35a5a2cd","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/kimi"},{"id":"e5028f8c-c6e7-424a-a7d2-794db68c2fc5","kind":"products","code":"UB-D1055","name":"Kimi Kaifangpingtai","nameBasis":"transliterated","summary":"Moonshot AI is an AI large model startup.","description":"Moonshot AI is an AI large model startup.","country":null,"category":"Developer tools","originalName":"Kimi开放平台","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:59:24.325Z","englishUpdatedAt":"2026-10-15T19:38:41.137Z","reviewedAt":"2026-10-15T19:38:41.137Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"2fc6ca5b9f11d3003f29de9e5afd1bf2b6c24fefb9be484d29ba6672a692983e","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/kimi-kaifangpingtai"},{"id":"7f207189-4662-4f56-a33d-82e8ec5d9c10","kind":"products","code":"UB-D1714","name":"Kimi Work","nameBasis":"original-brand","summary":"Moonshot AI is an AI large model startup.","description":"Moonshot AI is an AI large model startup.","country":null,"category":"Chatbots","originalName":"Kimi Work","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:59:18.239Z","englishUpdatedAt":"2026-10-15T19:38:41.035Z","reviewedAt":"2026-10-15T19:38:41.035Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"983519c88f7d351b27e0a913d08b61fd006c2062248c0e53cb5cb8383236c6cd","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/kimi-work"},{"id":"c3c4a542-78d6-4bc7-aada-c3245b49f007","kind":"products","code":"UB-D5479","name":"Moonshot AI Open Platform","nameBasis":"original-brand","summary":"The source reports visiting Moonshot AI and describes Moonshot AI Open Platform as a powerful service for high-performance language-model APIs. Its detailed website offers Kimi APIs with context lengths up to 256K and tool calling for rapid application development. It suits developers working on coding and intelligent dialogue. Website: https://platform.moonshot.ai/. The source recommends trying it. 😊🚀🌟","description":"The source reports visiting Moonshot AI and describes Moonshot AI Open Platform as a powerful service for high-performance language-model APIs. Its detailed website offers Kimi APIs with context lengths up to 256K and tool calling for rapid application development. It suits developers working on coding and intelligent dialogue. Website: https://platform.moonshot.ai/. The source recommends trying it. 😊🚀🌟","country":null,"category":"Coding assistants","originalName":"Moonshot AI Open Platform","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:26:18.907Z","englishUpdatedAt":"2026-10-16T01:20:22.155Z","reviewedAt":"2026-10-16T01:20:22.155Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"ba40e2920b5f7f4b88612cf163d36ac7f69a231ac74e723e58721e15adc2e559","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/moonshot-ai-open-platform"},{"id":"5795a8be-1c9f-45fc-81ad-2cb72b84e808","kind":"products","code":"UB-D1122","name":"Noisee","nameBasis":"original-brand","summary":"Moonshot AI is an AI large model startup.","description":"Moonshot AI is an AI large model startup.","country":null,"category":"Video generation","originalName":"Noisee","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T17:59:25.148Z","englishUpdatedAt":"2026-10-15T19:38:40.994Z","reviewedAt":"2026-10-15T19:38:40.994Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"6b0f4c3da76d14601416363fe16703e7cf356de3a5ad08b33b65905bef3fda04","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fproduct%2FrecutH5V2rSK7P%2F1a4df489ed5400f1f1890fb355afae37821ba180e6c6cd688574911b8fefe80c.png","path":"/products/noisee"},{"id":"d90ec7d5-ecc2-4d70-bd7e-16f6bdbf85ce","kind":"products","code":"UB-D949","name":"Ohai","nameBasis":"original-brand","summary":"Ohai provides a virtual companion available 24 hours a day, letting users freely create characters and enjoy unlimited roleplay and conversation in an immersive, ad-free experience. Core features include roleplay, unlimited dialogue, constant friendship, creative freedom and personalized growth. Users create characters around their interests for everyday chats or deeper discussions. Ohai encourages personalized fantasy worlds, while AI gradually tailors its responses through interaction.","description":"Ohai provides a virtual companion available 24 hours a day, letting users freely create characters and enjoy unlimited roleplay and conversation in an immersive, ad-free experience. Core features include roleplay, unlimited dialogue, constant friendship, creative freedom and personalized growth. Users create characters around their interests for everyday chats or deeper discussions. Ohai encourages personalized fantasy worlds, while AI gradually tailors its responses through interaction.","country":null,"category":"AI companions","originalName":"Ohai","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T18:07:17.408Z","englishUpdatedAt":"2026-10-15T23:50:04.786Z","reviewedAt":"2026-10-15T23:50:04.786Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"99c33d86f97f69a6078e88aa9c973cb730f5ffa7001efa475746eda3c79df755","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":null,"path":"/products/ohai"},{"id":"2d941325-6138-41f8-abf9-ec1890fbe1b0","kind":"products","code":"UB-D107","name":"Yuezhianmian","nameBasis":"transliterated","summary":"Moonshot is an AI large model startup focused on AGI and maximizing AI's value. It quickly completed its first market funding round after founding, backed by leading investors including Sequoia and ZhenFund, with a reported valuation of approximately USD 300 million. Its team includes many Tsinghua alumni, particularly lead founder Yang Zhilin, a student of professor Tang Jie and an assistant professor at Tsinghua's Institute for Interdisciplinary Information Sciences.","description":"Moonshot is an AI large model startup focused on AGI and maximizing AI's value. It quickly completed its first market funding round after founding, backed by leading investors including Sequoia and ZhenFund, with a reported valuation of approximately USD 300 million. Its team includes many Tsinghua alumni, particularly lead founder Yang Zhilin, a student of professor Tang Jie and an assistant professor at Tsinghua's Institute for Interdisciplinary Information Sciences.","country":null,"category":"General-purpose agents","originalName":"月之暗面","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T21:00:17.737Z","englishUpdatedAt":"2026-10-16T01:39:56.224Z","reviewedAt":"2026-10-16T01:39:56.224Z","snapshotAt":"2026-10-16T01:37:39.785Z","sourceHash":"3b8851609ef979a6afd5b348bffdef77f7f3874eb904b9aa9bc0b5ba6360c760","companyId":"b108f687-a0ea-4c86-b3ea-1ae925fc3069","foundedYear":null,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fproduct%2Frec7mkswoL%2F0bcb44c29e865f18e6bdb736c168d6812af9ea6d00623519df814a5eb8c2bb00.png","path":"/products/yuezhianmian"}],"investors":[{"id":"c6f3368e-bc38-4391-aa92-92cc7fb37878","kind":"institutions","code":"UB-I002","name":"Alibaba","nameBasis":"transliterated","summary":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","description":"Alibaba Group, a leading Chinese internet technology company making strategic and financial investments through Alibaba Capital and Alibaba Investment, focused on e-commerce, cloud computing, logistics, AI, and other fields.","country":null,"category":null,"originalName":"阿里巴巴","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.030Z","englishUpdatedAt":"2026-10-15T21:44:38.248Z","reviewedAt":"2026-10-15T21:44:38.248Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b7a6508749b9129a373d49ac63c4be2e48a4d860250b7c00f681b62f4c68c87e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/alibaba"},{"id":"7f4553b2-22cc-43aa-b354-6026e60a8c5f","kind":"institutions","code":"UB-I015","name":"Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership)","nameBasis":"transliterated","summary":"A Beijing municipal AI industry guidance fund focused on AI investments.","description":"A Beijing municipal AI industry guidance fund focused on AI investments.","country":null,"category":null,"originalName":"北京市人工智能产业投资基金（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.224Z","englishUpdatedAt":"2026-10-15T21:02:48.806Z","reviewedAt":"2026-10-15T21:02:48.806Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"faca6b45e67069432dba0cac7e9d5410da95daae29ad8db43ef7bb4db2436bbd","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/beijing-city-artificial-intelligence-industrial-investment-fund-limited-partnership"},{"id":"38dcd80f-f538-4b8d-a733-97189f7af683","kind":"institutions","code":"UB-I012","name":"CPE","nameBasis":"transliterated","summary":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A CITIC-affiliated private equity investment firm, formerly CITIC Industrial Fund, covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"CPE源峰","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.047Z","englishUpdatedAt":"2026-10-15T21:41:18.545Z","reviewedAt":"2026-10-15T21:41:18.545Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46ec8ec4ea17bb7cc3689d7322d3f1efbd76b43e45c7505d9b9bcca517dd5217","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":null,"transliteratedName":"CPE Yuanfeng","path":"/institutions/cpe-yuanfeng"},{"id":"a7331e6f-31b6-41e9-be3c-084ebe9d9fe7","kind":"institutions","code":"UB-I019","name":"Gaorong Capital","nameBasis":"transliterated","summary":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","description":"An emerging venture capital firm covering TMT, AI, and consumer investments, with notable investments including Pinduoduo, Huya, and Mogujie.","country":null,"category":null,"originalName":"高榕资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.139Z","englishUpdatedAt":"2026-10-15T21:41:18.630Z","reviewedAt":"2026-10-15T21:41:18.630Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7fa0e7e315ae3d1e83bdb160363ee12e882a601a724f02ad3a4d9678209fabc7","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/gaorong-capital"},{"id":"9c76fb30-02ff-4e90-8a49-7affc195e15f","kind":"institutions","code":"UB-I022","name":"Hongshan China","nameBasis":"transliterated","summary":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","description":"The China branch of leading global venture capital firm Sequoia Capital, covering TMT, consumer businesses, healthcare, and AI, with notable investments including ByteDance, Meituan, Pinduoduo, and JD.com.","country":null,"category":null,"originalName":"红杉中国","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.320Z","englishUpdatedAt":"2026-10-15T21:44:38.216Z","reviewedAt":"2026-10-15T21:44:38.216Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a2c7ecf34846fd8e589f711ac888475c5c3cea4f3df39b6b1905d9cbaadeb827","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/hongshan-china"},{"id":"1350f401-66f2-4e0e-acd5-267bbb40133e","kind":"institutions","code":"UB-I001","name":"IDG Capital","nameBasis":"transliterated","summary":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","description":"A long-established US dollar venture capital firm founded in 1992, with more than 30 years in Chinese venture capital. Its investments cover TMT, consumer businesses, healthcare, and enterprise services, with notable investments including Baidu, Tencent, Meituan, and Xiaomi.","country":null,"category":null,"originalName":"IDG资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.010Z","englishUpdatedAt":"2026-10-15T21:44:38.128Z","reviewedAt":"2026-10-15T21:44:38.128Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"03cd210323a3f3d4cf239b1f49b90f764a93f4e9e8fe985df33501752ee5fa74","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/idg-capital"},{"id":"b381794d-bb9b-4095-b2fd-af83a435e308","kind":"institutions","code":"UB-I2357","name":"Meituan","nameBasis":"transliterated","summary":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","description":"Meituan's strategic investment division (3690.HK), focused on local services, food and beverage retail, and technology.","country":null,"category":null,"originalName":"美团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:27.151Z","englishUpdatedAt":"2026-10-15T21:37:02.767Z","reviewedAt":"2026-10-15T21:37:02.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e9abbf138ba5bd93afb7283c120e2c96189bcc60ec91f6ac305df690348d9197","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/meituan"},{"id":"c18d5d49-8bce-40ab-b951-695f2166fad8","kind":"institutions","code":"UB-I799","name":"Tsinghua Capital","nameBasis":"original-brand","summary":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","description":"Tsinghua Capital is a U.S. early-stage venture capital firm, focused on investment in early-stage companies.","country":null,"category":null,"originalName":"Tsinghua Capital","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:28.072Z","englishUpdatedAt":"2026-10-15T18:21:17.276Z","reviewedAt":"2026-10-15T18:21:17.276Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a9868c7f4c56f15726d0401fe1643344f14d89deab11231ff0db36d8f52abb54","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/tsinghua-capital"},{"id":"f5c2d321-90e4-4980-a70c-4da9efc93caf","kind":"institutions","code":"UB-I021","name":"三七互娱创投基金","nameBasis":"transliterated","summary":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","description":"An industrial investment fund under Sanqi Interactive Entertainment, focused on gaming, broader entertainment, AI, and technology.","country":null,"category":null,"originalName":"三七互娱创投基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.112Z","englishUpdatedAt":"2026-10-15T21:25:20.360Z","reviewedAt":"2026-10-15T21:25:20.360Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"49b82271d9f7929997ba16b0e78fdd503bd31aaa60b18764911dae817629fe00","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Sanqihuyu Venture Capital Fund","path":"/institutions/sanqihuyu-venture-capital-fund"},{"id":"022a3b25-aa14-409d-a665-bf09f495dd1e","kind":"institutions","code":"UB-I011","name":"中国移动","nameBasis":"transliterated","summary":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","description":"China Mobile Communications Group, making strategic investments through China Mobile Investment Company in communications, AI, and the digital economy.","country":null,"category":null,"originalName":"中国移动","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.125Z","englishUpdatedAt":"2026-10-15T21:41:18.480Z","reviewedAt":"2026-10-15T21:41:18.480Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"4b35de4b712da1fbdb845d8c5575be924632eb945c244c8dd17a553d8f14de3b","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"China Yidong","path":"/institutions/china-yidong"},{"id":"380658fe-1e5a-4f69-b364-2981e15150ab","kind":"institutions","code":"UB-I006","name":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","description":"A Lingang-affiliated new energy industry fund focused on new energy and technology investments.","country":null,"category":null,"originalName":"临港前沿阿特斯扬州新能源股权投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.230Z","englishUpdatedAt":"2026-10-15T20:58:45.433Z","reviewedAt":"2026-10-15T20:58:45.433Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9a827cb85a74020d7581a1076552ec1af2e038792f8362310a22c00215f38eca","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Lingangqianyanatesi Yangzhou Xin Energy Guquan Investment Fund Partnership (Limited Partnership)","path":"/institutions/lingangqianyanatesi-yangzhou-xin-energy-guquan-investment-fund-partnership-limited-partnership"},{"id":"b842f0a3-f775-4fc7-9db8-f9015b2643e7","kind":"institutions","code":"UB-I017","name":"九安医疗","nameBasis":"transliterated","summary":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","description":"A Shenzhen Stock Exchange-listed company (002432), primarily producing home healthcare electronics and participating in technology projects through strategic investments.","country":null,"category":null,"originalName":"九安医疗","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.203Z","englishUpdatedAt":"2026-10-15T21:43:23.694Z","reviewedAt":"2026-10-15T21:43:23.694Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c614cc9badf928aec814ac6fcf1136b265080415aba766d49a759633ca4824f8","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuan Medical","path":"/institutions/jiuan-medical"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"5cfffb89-22b5-4025-89bb-b5d125236879","kind":"institutions","code":"UB-I020","name":"今日资本","nameBasis":"transliterated","summary":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","description":"A growth-stage investment firm focused on consumer businesses and retail, with notable investments including JD.com, Meituan, Bestore, and others.","country":null,"category":null,"originalName":"今日资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.210Z","englishUpdatedAt":"2026-10-15T21:35:19.425Z","reviewedAt":"2026-10-15T21:35:19.425Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"57bf5f77111bc6173aba3d8b5c77f28bb3fbcc75d52f23fe1de3c0dbf48a34f5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jinri Capital","path":"/institutions/jinri-capital"},{"id":"2220da0d-ca08-48a2-ac77-ad51c81b2276","kind":"institutions","code":"UB-I009","name":"共青城君弘前沿创业投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"共青城君弘前沿创业投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.131Z","englishUpdatedAt":"2026-10-15T18:45:27.649Z","reviewedAt":"2026-10-15T18:45:27.649Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a4316de303710c5290e35d54b4d7e395811f1a267492390e27d61ba8f41410fe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gongqingchengjunhongqianyan Venture Capital Partnership (Limited Partnership)","path":"/institutions/gongqingchengjunhongqianyan-venture-capital-partnership-limited-partnership"},{"id":"dff717d3-eca1-4064-a0a1-0ca0a2f99227","kind":"institutions","code":"UB-I018","name":"凯辉基金","nameBasis":"transliterated","summary":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","description":"A China-France cross-border private equity investment firm covering technology, consumer businesses, healthcare, and advanced manufacturing.","country":null,"category":null,"originalName":"凯辉基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.218Z","englishUpdatedAt":"2026-10-15T21:31:30.045Z","reviewedAt":"2026-10-15T21:31:30.045Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e02301c4aec5f78e9cbb8836949631d0701e6109a504195c279fbc184704be03","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Kaihui Fund","path":"/institutions/kaihui-fund"},{"id":"182ceb11-1e00-4a9d-afdc-9612de498919","kind":"institutions","code":"UB-I008","name":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","nameBasis":"transliterated","summary":"Venture capital fund structured as a limited partnership.","description":"Venture capital fund structured as a limited partnership.","country":null,"category":null,"originalName":"华月创智（青岛）创业投资基金合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.248Z","englishUpdatedAt":"2026-10-15T18:45:27.634Z","reviewedAt":"2026-10-15T18:45:27.634Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"2e1c4816f8bf968491504bee5e0cbe1d061801ba8a46cb2b5b6dc1b01b733c07","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huayuechuangzhi (Qingdao) Venture Capital Fund Partnership (Limited Partnership)","path":"/institutions/huayuechuangzhi-qingdao-venture-capital-fund-partnership-limited-partnership"},{"id":"2722a3b5-b89a-4ea7-8bc4-840561192612","kind":"institutions","code":"UB-I005","name":"南昌和谐安瑞股权投资合伙企业（有限合伙）","nameBasis":"transliterated","summary":"A limited partnership equity investment entity participating in Moonshot AI financing.","description":"A limited partnership equity investment entity participating in Moonshot AI financing.","country":null,"category":null,"originalName":"南昌和谐安瑞股权投资合伙企业（有限合伙）","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.146Z","englishUpdatedAt":"2026-10-15T20:44:29.330Z","reviewedAt":"2026-10-15T20:44:29.330Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"43d1ec842e6b753e6f7252ba7cd84f082fbe41c5a3cab03d98236b5826c3d3bc","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Nanchanghexieanruiguquan Investment Partnership (Limited Partnership)","path":"/institutions/nanchanghexieanruiguquan-investment-partnership-limited-partnership"},{"id":"a6b8faca-d335-4d32-a999-cad99e407b8d","kind":"institutions","code":"UB-I014","name":"国智投私募基金管理有限公司","nameBasis":"transliterated","summary":"Private equity fund manager.","description":"Private equity fund manager.","country":null,"category":null,"originalName":"国智投私募基金管理有限公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.119Z","englishUpdatedAt":"2026-10-15T19:48:08.530Z","reviewedAt":"2026-10-15T19:48:08.530Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9f4775410ed97aa5cc56cb010564747b8bce37927bdcdc92381897b0549f3cfe","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guozhitou Private Fund Management Co., Ltd.","path":"/institutions/guozhitou-private-fund-management-co-ltd"},{"id":"ffcda6d8-33f3-4f3b-ad21-2cf93dbba7e1","kind":"institutions","code":"UB-I2962","name":"小红书","nameBasis":"transliterated","summary":"Xiaohongshu, undertaking strategic investments.","description":"Xiaohongshu, undertaking strategic investments.","country":null,"category":null,"originalName":"小红书","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T14:00:14.838Z","englishUpdatedAt":"2026-10-15T19:58:05.257Z","reviewedAt":"2026-10-15T19:58:05.257Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a85516dfd81c489969e2a0b60db2833b06712922d09afb00d1f5181478923ec0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiaohongshu","path":"/institutions/xiaohongshu"},{"id":"1abf249d-1d2c-426f-9246-7500bc81a5ff","kind":"institutions","code":"UB-I5113","name":"招商局中国基金","nameBasis":"transliterated","summary":"Hong Kong-listed fund under China Merchants Group.","description":"Hong Kong-listed fund under China Merchants Group.","country":null,"category":null,"originalName":"招商局中国基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:30.864Z","englishUpdatedAt":"2026-10-15T20:13:55.795Z","reviewedAt":"2026-10-15T20:13:55.795Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e5a76d0b0aa0cc46f164ed6393ff806f3caf5b70c970b0ade8b6dffde5f5418","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhaoshangju China Fund","path":"/institutions/zhaoshangju-china-fund"},{"id":"79b7cbd9-c0c3-4252-89e6-593fa2e5d629","kind":"institutions","code":"UB-I013","name":"水木资本","nameBasis":"transliterated","summary":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","description":"A Tsinghua-affiliated early-stage investment firm covering AI, hard technology, and enterprise services.","country":null,"category":null,"originalName":"水木资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.237Z","englishUpdatedAt":"2026-10-15T21:10:01.696Z","reviewedAt":"2026-10-15T21:10:01.696Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e0353dfb469d45a7d65c56eda09cf1a34160fcd080609294a577465165538b17","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shuimu Capital","path":"/institutions/shuimu-capital"},{"id":"af15fd95-766d-4537-945b-8aa2be56c79c","kind":"institutions","code":"UB-I004","name":"王慧文","nameBasis":"transliterated","summary":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","description":"Meituan co-founder and former senior vice president, and an individual investor. Launched the AI large-model startup Guangnian Zhiwai in 2023, with investments covering AI and technology.","country":null,"category":null,"originalName":"王慧文","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.039Z","englishUpdatedAt":"2026-10-15T21:44:38.235Z","reviewedAt":"2026-10-15T21:44:38.235Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"261deabbcc9d61521aec28c668304dad1816b6c3268acc58592ffaf631d85a04","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wanghuiwen","path":"/institutions/wanghuiwen"},{"id":"0294da51-46c3-4270-ad76-423d17b7b0c4","kind":"institutions","code":"UB-I023","name":"真格基金","nameBasis":"transliterated","summary":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","description":"An early-stage angel investment firm founded by New Oriental co-founders Xu Xiaoping and Wang Qiang, focused on seed and angel rounds, with notable investments including Xiaohongshu, Jumei, and Jiayuan.","country":null,"category":null,"originalName":"真格基金","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.315Z","englishUpdatedAt":"2026-10-15T21:44:15.469Z","reviewedAt":"2026-10-15T21:44:15.469Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7d006c5ab94b8e9ae098bf817619bb927980a755729ea2b9b688ec037a9b4bd1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhenge Fund","path":"/institutions/zhenge-fund"}],"path":"/companies/yuezhianmian","structured":{"city":"Beijing","country":"China","location":null,"role":null,"category":null,"company":null},"definition":"Moonshot AI is a company in the LLMs sector headquartered in Beijing, China, founded in 2023.","summaryBasis":"generated","summaryIssue":"too-short","thin":false,"canonical":"https://uniquebase.ai/companies/yuezhianmian"}