This page may contain stale information. Last updated: 2026-07-03
Overview
Kling AI is kuaishou’s generative video AI unit, spun out for independent commercial operations in July 2026. Competes with OpenAI Sora, Google Veo, and Runway in text-to-video generation.
Funding (July 2026)
- **~2.8B committed, round open) at $18B post-money valuation
- Pre-money valuation: $15B (2026-07-03-kling-ai-funding-caixin)
- Valuation narrowed from April $20B target
- Largest AI video model funding round globally (Caixin)
- Co-led by CPE, Guofang Venture Capital, BlueFive, tencent, CITIC Securities, Zhongguancun Science City Fund, CAS Investment
- Participants: alibaba Cloud, baidu, Huace Film & TV
- Lighthouse Capital: exclusive financial adviser
IPO Trajectory
- HKEX listing process expected within 12 months
- Target public listing as early as 2027 (2026-07-02-kling-ai-funding-scmp)
- Proceeds: compute/data centers, talent acquisition
Related
- kuaishou
- video-intelligence
- ai-investment-trends
- venture-capital
- us-china-ai-competition
- multimodal-ai