DeepSeek weighs new fundraising a month after closing first round

FT reports that DeepSeek, a month after closing its first-ever funding round in June, is already talking to investors about a new round. The post doesn't disclose the first round's valuation, amount, or backers, and the size and purpose of the new round are still undecided. The Chinese AI company had previously been self-funded by founder Liang Wenfeng; back-to-back fundraising signals a rapid shift into expansion mode.

Why it matters: FT exclusive: DeepSeek closed its first-ever external round in June and is already talking to investors about a second round. Liang Wenfeng's shift from self-funding to consecutive raises is a major strategic signal. Score held back because the first round's amount, valuation,...