started · updated
DeepSeek raises $15 billion in massive funding round
Chinese AI startup DeepSeek has secured approximately $15 billion in its second round of funding, bringing its total external investment to roughly $22 billion. The round, which involved over 15 investors, was led by major backers including CATL and Tencent. Other significant participants include Geely, Midea, Meituan, and IDG Capital.
Prior to this latest injection of capital, DeepSeek was valued at approximately $74 billion. The company is reportedly seeing rapid commercial growth, with an annualized revenue run rate reaching $1 billion.
In addition to scaling its technical capabilities, DeepSeek is preparing for a potential public listing. The company has reportedly engaged CITIC Securities as an advisor to facilitate an initial public offering (IPO) on the Shanghai Stock Exchange, with a target debut as early as 2027.
Entities
CATL · CITIC Securities · DeepSeek · Liang Wenfeng · Tencent
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The company's annualized revenue run rate has reached $1 billion. news.cnyes.com · www.techjuice.pk
- [○ 1 SOURCE] DeepSeek has established a new product department to integrate its Harness, Web, App, and Platform teams. www.tmtpost.com
- [● 2 SOURCES] DeepSeek aims to list on the Shanghai Stock Exchange by early 2027. news.cnyes.com · www.techjuice.pk
- [● 2 SOURCES] CATL and Tencent are among the largest investors in this round. news.cnyes.com · www.techjuice.pk
- [● 2 SOURCES] DeepSeek has hired CITIC Securities to advise on a potential IPO. news.cnyes.com · www.techjuice.pk
- [● 2 SOURCES] DeepSeek raised approximately $15 billion in its second funding round. news.cnyes.com · www.techjuice.pk
- [● 2 SOURCES] DeepSeek's valuation was approximately $74 billion before the new funding. news.cnyes.com · www.techjuice.pk
- [○ 1 SOURCE] Cui Tianyi has been appointed to lead the company's product and Agent systems. www.tmtpost.com