The latest round was jointly led by existing investors including Alibaba, Tencent, Andon and 5Y Capital, according to a source
The new round, which comes just over a month after its last one, could almost triple Moonshot’s previous valuation of US$4.3 billion amid exploding investor interest in China’s AI enterprises.
It was jointly led by existing investors including Alibaba Group Holding, Tencent Holdings, Andon Hong Kong and 5Y Capital, according to a source who requested anonymity as they were not authorised to speak publicly.
Moonshot, Alibaba, Andon and 5Y did not immediately respond to requests for comment on Wednesday. Tencent declined to comment.
