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Kling AI nears $3 billion fundraising round, targeting $18 billion valuation

Kling AI, a spin-off from Kuaishou Technology, is nearing completion of a $3 billion fundraising round that will elevate its valuation to $18 billion. This funding arrives as Kuaishou prepares to kick off Kling AI's listing process on Hong Kong stock exchange in the coming year.

BRIC Team
BRIC Team
Jul 1, 2026 · 1 min read · 64 views
Kling AI nears $3 billion fundraising round, targeting $18 billion valuation

Key Takeaways

  • •Kling AI aims to secure US$3 billion in its fundraising round, boosting its valuation to US$18 billion.
  • •Tencent is among the investors participating in Kling AI's significant funding round.
  • •Kuaishou's shares closed at HK$41.60, marking a 1.46 percent increase on Wednesday.
  • •The company plans to start the listing process for Kling AI on the Hong Kong stock exchange within the next year.
  • •Kuaishou is exploring a restructuring proposal for Kling AI to attract external investors.

Kling AI is about to secure a major cash injection, aiming for US$3 billion to boost financial strength . This funding will likely push company’s value to around US$18 billion once the deal's done, as competition heats up in China's AI-driven video tech market.

Initially, Kling AI aimed for a US$20 billion valuation. But that target was lowered after Kuaishou announced Kling AI's split from its parent company in April . Shows how market's shifting, investors getting cautious . And Tencent, big player in gaming and social media,is among those backing this funding round.

In a recent filing to the Hong Kong stock exchange, Kuaishou revealed it's looking at restructuring Kling AI, maybe bringing in new investors. Plan is to start process for getting Kling AI listed on Hong Kong exchange next year.

Funds from this round will strengthen Kling AI's computing power and data infrastructure,with a focus on hiring and keeping talent . As of latest close,Kuaishou shares stood at HK$41.60 (about US$5.30),up 1.46 percent. No comments from Kuaishou,Kling AI, or Tencent on these moves…

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