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DeepSeek Financing 105500000000 Details of the financing revealed: valuation of approximately 615500000000 yuan, with nearly 30 investors participating

PANews October 30 reported, citing The Information, that details of the DeepSeek second financing round have emerged. The round raised 105500000000 yuan CNY(approximately 15800000000 USD), attracting nearly 30 investors and implying a company valuation of approximately 615500000000 yuan. Tencent Holdings and CATL remain the two major contributors: Tencent contributed 10000000000 yuan across both rounds; CATL and its chairman Zeng Yuqun contributed 5000000000 yuan and 10000000000 yuan, respectively, across the two rounds. Industrial capital from ChangXin Memory Technologies, SMIC, vivo, Meituan, Geely Automobile, Midea Group, Luxshare Precision, Trip.com, and Xiaohongshu also participated, with some individual contributions ranging from 1000000000 to 3000000000 yuan. The participation of state-owned capital increased significantly. The China National Artificial Intelligence Industry Investment Fund contributed 1000000000 yuan again in this round, the same as in the first round. China Mobile, China Telecom, CICC, CITIC Securities, and China...

Source: https://www.panewslab.com/zh/articles/01a18bb5-6a9a-7684-979c-d78026298ba4