Kling AI Raises $3B in Funding at $18B Valuation
Kling AI raises $3B at an $18B valuation to expand its generative AI video platform and fund compute infrastructure.
Kling AI Raises $3B in Funding at $18B Valuation
Kling AI, based in China, is an AI video generation startup spun out from the short-video platform Kuaishou that develops advanced video creation tools from text and image prompts. The company has secured nearly $3 billion in a fundraising round, resulting in a post-money valuation of $18 billion.
Investors
The funding round includes participation from a broad group of 38 investors, including Alibaba, Tencent, Baidu, CITIC Securities, and Industrial and Commercial Bank of China.
Kling AI Use of Funds
Kling AI intends to use the capital raised from this round to fund its compute and data centre infrastructure buildout as it prepares for potential public market plans.
About Kling AI
Kling AI is a generative AI creative platform developed by Kuaishou. It enables users to generate realistic videos and images from text prompts or reference images, offering tools for video generation, image editing, motion control, AI avatars, and cinematic storytelling. Designed for creators, marketers, educators, and businesses, Kling AI helps produce professional-quality visual content quickly and efficiently.
Funding Details
Company Website: https://kling.ai
Company: Kling AI
Raised: $3B
Funding Date: July 3, 2026
Additional Investors: Alibaba, Tencent, Baidu, CITIC Securities, Industrial and Commercial Bank of China
Software Category: AI Video Generation
Source: https://techfundingnews.com/kling-ai-closes-3b-round-at-18b-valuation-as-alibaba-and-tencent-back-chinas-sora-rival/