DeepSeek is reportedly seeking $1.5 billion at a $71 billion pre-money valuation, according to Bloomberg.
The proposed round comes just weeks after the Chinese AI startup raised around $7 billion at a valuation of roughly $50 billion, representing a nearly 40% jump in little more than a month.
DeepSeek is targeting an IPO by 2027, although a listing could come as early as late 2026.
DeepSeek is in talks to raise $1.5 billion in fresh capital, according toBloomberg. The new money would come on top of a $71 billion pre-money valuation, up from the roughly $50 billion valuation DeepSeek carried when it closed its first-ever external round, around $7 billion, according toReuters, which dates the close to June 16. Financial Times-sourced reporting places the same round slightly earlier, in late May, at a $52 billion post-money valuation. Either way, the new talks put DeepSeek’s valuation up close to 40% in under six weeks.
From $10 billion to $71 billion in three months
