Kimi completed over $3.5 billion F round of financing, and the valuation increased to $35 billion

On July 30, according to the daily newspaper KotsemKimi F-WHEEL COMPLETEDFinancingThe value of the financing exceeded $3.5 billion and the valuation rose to $35 billion。

It was reported that the actual amount of financing for the current round was three times greater than the original target and was therefore closed earlier. The G round, originally scheduled to start in August, had also begun ahead of schedule, and had been positioned as the Pre-IPO round, raising the pre-investment valuation to $50 billion。

Bloomberg reported on 21 July that the last round of financing before the launch of the month was scheduled for August, with an estimate of up to $50 billion; this F-round was completed and the G-wheel was launched ahead of schedule。