BlockBeats News, December 31st. Kimi, the dark side of the moon, recently completed a $500 million Series C funding round. IDG led the round with $1.5 billion, while existing shareholders such as Alibaba, Tencent, and Wang Huiwen subscribed to additional shares, bringing the post-investment valuation to $4.3 billion. It is reported that Wang Huiwen has already invested a total of $70 million in the dark side of the moon. A source close to the dark side of the moon said that the primary market's enthusiasm for the company exceeded expectations.On December 31st, Yang Zhilin, founder and CEO of the dark side of the moon, released an internal memo stating that the company has over 10 billion RMB in cash reserves. This amount is already comparable to the post-IPO cash reserves of Zhipu and MiniMax. As of June 2025, Zhipu had $2.55 billion in cash on hand, with an expected IPO fundraising of about $3.8 billion. As of September 2025, MiniMax had $7.35 billion in cash, with an expected IPO fundraising of $3.4 billion to $3.8 billion. Sources said, "This means that the dark side of the moon 'does not have to rush to IPO'."