China AI Funding May–June 2026: The Race to Hong Kong's IPO Window
Moonshot AI, StepFun, and Qianxun Intelligence show China's AI labs racing to scale revenue and list in Hong Kong as the country builds AI self-reliance.
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Moonshot AI, StepFun, and Qianxun Intelligence show China's AI labs racing to scale revenue and list in Hong Kong as the country builds AI self-reliance.
Prometheus, co-founded by Jeff Bezos, raised $12B at a $41B valuation in June 2026 — one of the largest single bets ever on physical AI for the real world.
Singapore captured the lion's share of Southeast Asian capital in mid-2026, anchored by DayOne's $4.5B data-center round, Aippy's AI gaming raise, and OpenAI's new lab. Manus’s live September print is $500 million at $4 billion in talks — not the June $1 billion buyback ask.
Anara Impact Capital announced a $48M first close in June 2026, anchored by KfW and the European Commission, to back seed and Series A startups across MENA.
Anthropic's confidential IPO filing, SpaceX's $80B prospectus, Cerebras' listing, and StepFun's Hong Kong filing signal the largest liquidity event in venture history may be near.
Supabase raised $500M at a $10.5B valuation in June 2026, led by GIC, as demand from AI app builders pushes the open-source backend platform to new heights.