DeepSeek raises about $22.5 billion across two rounds
What happened
Bloomberg reported on October 22 that DeepSeek closed a first round of more than $7.5 billion in June and a latest round of about $15 billion at a pre-money valuation of roughly $74.8 billion. During talks for the latest round the target was raised at least twice, from about $7.5 billion to $12 billion, before landing near $15 billion. CATL and Tencent are among the largest investors, with CATL reported to have put in about $1.5 billion. With the June round, DeepSeek raised about $22.5 billion in roughly six months.
Written by AI from the coverage · updated 1 hour ago
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- AI HOT · IndustryPickBloomberg reports DeepSeek's new funding round at about $15 billion
Bloomberg reports DeepSeek's latest round at about $15 billion, at a pre-money valuation of about $74.8 billion. The funding target was raised at least twice during talks, from about $7.5 billion to $12 billion. CATL and Tencent are among the largest investors, with CATL reportedly putting in about $1.5 billion. With a first round of more than $7.5 billion completed in June, DeepSeek has raised about $22.5 billion in roughly six months.
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