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DeepSeek will complete 100000000000 yuan in financing

PANews October 13 reported that multiple transaction participants said that the large-model company DeepSeek will complete its latest financing round in the near term, with the financing amount increasing from the previously planned 50000000000 yuan to approximately 100000000000 yuan. This is DeepSeek's second financing round, and the proposed financing amount has doubled in less than half a month. Proposed investment amounts from new and existing shareholders each account for approximately half. The doubling of the financing scale has not affected the overall valuation; currently,DeepSeek's pre-money valuation remains approximately 500000000000 yuan. New investors in this round include Shixi Capital, SMIC Juyuan,CPE Yuanfeng, Legend Capital, and Geely, primarily industrial investors.

Source: https://www.panewslab.com/zh/articles/01a132e8-17d8-77b8-9b5a-5cf82570e80c