🌍DeepSeek Reportedly Raises $15B Days After US Ban
TL;DR
Bloomberg reports DeepSeek raised about $15B (100B yuan), possibly with CATL and Tencent, two days after the US told civilian agencies to drop its tech. If confirmed, it ranks among China's largest funding rounds.
Bloomberg reports DeepSeek raised about $15B (100B yuan), possibly with CATL and Tencent, two days after the US told civilian agencies to drop its tech. If confirmed, it ranks among China's largest funding rounds.
Key Points
About $15B (roughly 100B yuan), per Bloomberg; DeepSeek has not confirmed
CATL and Tencent named as potential investors
June round: $7B+ at a $50B valuation; July talks reportedly at about $71B
Founder Liang Wenfeng held an estimated 81.6% of the operating entity before this round, per WireScreen
Peers: Moonshot AI raised $2B at $20B in May; Manus AI raised $500M+ this month
Why It Matters
US restrictions are not choking Chinese lab funding; domestic capital is filling the gap, which keeps open-weight competition on the table for builders.
Quick Facts
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