The Dark Side of the Moon is about to complete a new round of $2 billion financing, with the post-investment valuation surpassing $20 billion.

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ME News Report, May 6 (UTC+8), Exclusive from LatePost, has learned that Kimi (Dark Side of the Moon) is about to complete a new round of $2 billion funding, with a post-investment valuation exceeding $20 billion. This round of financing is led by Meituan Longzhu, with participation from China Mobile, CPE (CITIC Industry Fund), and others, with Longzhu alone investing over $200 million.
In January and February of this year, Kimi completed three rounds of funding, raising $500 million, $700 million, and $700 million respectively.
Including this latest round, in less than half a year, Kimi has raised over $3.9 billion, with the latest valuation more than quadrupling from about $4.3 billion in November last year.
As of now, Kimi’s total funding has exceeded 37.6 billion RMB, making it the startup in large models with the most accumulated funding.
Including IPO fundraising, MiniMax has raised approximately 15 billion RMB in total, and Zhipu about 13 billion RMB.
As of the midday market close on May 6, MiniMax’s market value is about 210 billion RMB, and Zhipu’s is about 347 billion RMB. (Source: ODaily)

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