The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · available

~$4B cumulative disclosed raised (self-summed: $60M seed + $1B Feb-2024 Alibaba-led + $300M Aug-2024 Tencent/Gaorong + $600M Oct-2025 IDG-led + $2B May-2026 Meituan-led); current valuation mark $20B confirmed (May-2026), $30B reported in talks (Jun/Jul-2026), $50B pre-IPO talks reported (Jul-21-2026, unconfirmed)

med confidence · as of 2026-07-28 · about Moonshot AI

Sourced figures 9


the working

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Moonshot AI.