Skip to content
AI IntelligenceFeb 23, 2026Primary Market
Article

Kimi · Over $12B · Spätrunde/PE

AI company Kimi has seen explosive growth following the release of its K2.5 model. Revenue from the past 20 days has already surpassed its total 2025 revenue. After multiple funding rounds totaling over $12 billion, the company now reaches a valuation of $100-120 billion, making it China's fastest-growing decacorn (valuation >$10B).

Data Cube AI EditorialSource: 36Kr
01

Source Brief

AI company Kimi has seen explosive growth following the release of its K2.5 model. Revenue from the past 20 days has already surpassed its total 2025 revenue. After multiple funding rounds totaling over $12 billion, the company now reaches a valuation of $100-120 billion, making it China's fastest-growing decacorn (valuation >$10B).

02