DeepSeek has reportedly raised approximately 100 billion yuan (about $15 billion) in its latest funding round, making it one of the largest funding rounds in the history of the Chinese market. According to sources familiar with the matter, DeepSeek raised its funding target at least twice during negotiations with investors, from an initial 50 billion yuan to 80 billion yuan, before finalizing the total amount. CATL and Tencent Holdings are reportedly the main investors in this round.
