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Kling AI raises $2.98B at $18B post-money valuation, with parent Kuaishou retaining majority control and voting rights.

PRIVATEOct 30, 2026

Amount Raised

$2.98 Billion

Round Type

Venture

ChinaVideoArtificial IntelligenceMachine Learning

Description

Beijing Kling, the AI video unit of Kuaishou Technology, completed a fundraising round of approximately 19.8 billion yuan (US$2.98 billion) on October 30, 2026. The deal values the business at roughly US$15 billion pre-money and US$18 billion post-money. Kuaishou will retain two-thirds of the equity and 52.45% of the voting rights through its holding vehicle Lucky Labs, maintaining operational control while outside capital funds the next phase of generative video development.

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Company Information

Company

Kling AI

Location

China

About

Kling AI is a generative AI video platform that offers 4K video clips based on text prompts. It is rapidly gaining traction in the film, advertising, and online sectors, positioning itself as a well-capitalized alternative in the global market for AI video generation. The company is preparing for a public listing in Hong Kong by mid-2027.

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Verified contactsZeng E., Head of Global Operations & Marketing hiddenSee plans and pricing
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Kling AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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