DeepSeek is finalizing a funding round valuing the AI start-up at 500 billion yuan, as it prepares for a potential 2027 listing on Shanghai's Star Market.
The funding round has seen participation from existing investors such as local venture funds Monolith and Shixiang Capital, as well as Chinese battery giant Contemporary Amperex Technology Limited (CATL).
New investors in the talks include CPE, Legend Capital, and Stony Creek Capital.
The latter is a semiconductor-focused private equity firm with historical ties to Zhu Yiming, Chairman of chip giant ChangXin Memory Technologies.
Landmark round to lift Chinese start-up’s valuation to US$74 billion and set the stage for a Shanghai Star Market listing,…
The Hangzhou-based company is seeking to raise funding to bankroll research and development, and its expansion into computing…
China's DeepSeek plans a new funding round at a $74 billion valuation, aims to raise up to 50 billion yuan, and is considering a…
The fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52…
Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan (US$74…
China’s DeepSeek is set to raise about $7bn in its first funding round, with Tencent and CATL among backers, at a valuation of up…
