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MoonShot Backer Monolith Seeks to Raise $500 Million in New Fund

Bloomberg Technology Wednesday 05 August 2026, 06:39 UTC By Bloomberg News 1 min read
Key Points

MoonShot Backer Monolith Seeks to Raise $500 Million in New Fund Monolith Management, which backed artificial intelligence sensation MoonShot, wants to raise $500 million for a new fund focused on Chinese AI, according to people familiar with the matter. The venture capital firm, which has staff in Hong Kong and mainland China, hopes to close the fund by the end of this year, according to one of the people, who asked not to be identified because the details are private. Monolith is...

MoonShot Backer Monolith Seeks to Raise $500 Million in New Fund Monolith Management, which backed artificial intelligence sensation MoonShot, wants to raise $500 million for a new fund focused on Chinese AI, according to people familiar with the matter. The venture capital firm, which has staff in Hong Kong and mainland China, hopes to close the fund by the end of this year, according to one of the people, who asked not to be identified because the details are private. Monolith is considering a broad range for the funding size, meaning the final amount might differ, another person said.
MoonShot Backer Monolith Seeks (ORG) New Fund Monolith Management (ORG) MoonShot (ORG) Chinese AI (ORG) Hong Kong (LOCATION) China (LOCATION) Monolith (ORG)
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