Overview
DeepSeek is a Hangzhou-based AI company held by the quantitative fund High-Flyer Quant, releasing open-weight large language models.
Funding
Amounts as reported; USD estimates shown only when they matchListed 6 funding records. Latest funding: RMB 100B, Oct 13, 2026.
2 listed records lack a clear date or positive USD estimate for the chart.
| Date | Amount | Investors | Sources |
|---|---|---|---|
| Oct 13, 2026 | RMB 100B ≈ $14.3B | CATL, CPE, IDG Capital, 中芯聚源, 君联资本, 浙江吉利控股集团, 石溪资本, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek to complete CNY 100 billion funding at about CNY 500 billion pre-money valuationDeepSeek is set to complete CNY 100 billion in funding at approximately CNY 500 billion pre-money valuation, with Shixi Capital, SummitView, CPE, Legend Capital, Geely, CATL, Tencent, IDG Capital and others participating. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Oct 6, 2026 | at least RMB 80B ≈ $12B · Pre-IPO | CATL, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek second funding round nears CNY 80 billion, targeting a valuation of approximately CNY 500 billionOn 2026/10/6, Bloomberg reported, citing people familiar with the matter, that DeepSeek was close to securing at least CNY 80 billion, approximately USD 12 billion, in its latest funding round. This substantially exceeded the initial target of approximately CNY 50 billion, with the final total potentially approaching CNY 100 billion. The target valuation was approximately CNY 500 billion, about USD 74.6 billion. CATL and Tencent had made the largest funding commitments, and the process was nearing completion. This was DeepSeek's second external funding round, following CNY 51 billion raised in month 6 at a post-money valuation near CNY 400 billion. It was preparing for a STAR Market IPO in early 2027. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Sep 24, 2026 | 拟募资500亿元人民币（约75亿美元） · Pre-IPO | 1 source Source ↗ | |
Evidence DeepSeek advances second funding round, seeks USD 7.5 billion, exceeds USD 1 billion annualized revenueOn 2026/9/24, 36Kr reported that China’s DeepSeek was advancing its second funding round, seeking CNY 50 billion, approximately USD 7.5 billion, at a target valuation of CNY 500 billion, with completion planned before the end of month 10. CEO Liang Wenfeng disclosed annualized revenue exceeding USD 1 billion at an investor meeting. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Aug 28, 2026 | ~RMB 50B ≈ $7.4B · Pre-IPO | AI, CATL, 京东, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek is closing a second external round of roughly 50 billion yuan ($7.4B)In late 2026/8, genztech reported that Chinese AI large-model company DeepSeek was nearing completion of its second external funding round, totaling approximately CNY 50 billion, or approximately USD 7.4 billion, at a pre-money valuation of approximately USD 74 billion. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Aug 5, 2026 | 拟募约74.05亿美元（500亿元人民币） | 1 source Source ↗ | |
Evidence DeepSeek plans second round, seeking CNY 50 billionOn 2026/8/5, IT Home reported claims that China’s DeepSeek had restarted its second funding round, seeking CNY 50 billion, approximately USD 7.405 billion, at a pre-money valuation of approximately CNY 500 billion, approximately USD 74.046 billion. Signing was expected in the latter part of month 8. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Jun 16, 2026 | over $7.4B · Seed | CATL, Liang Wenfeng, National AI Industry Investment Fund, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek completes first external round, raising more than USD 7.4 billion at valuation above USD 50 billionOn 2026/6/16, The Decoder reported that China’s DeepSeek had completed its first external funding round, raising more than CNY 50 billion, approximately USD 7.4 billion, at a valuation exceeding USD 50 billion. Translated source brief, not a quotation. Check the original before citing. Sources · 1
CATL, Liang Wenfeng, National AI Industry Investment Fund, 腾讯 | |||
Select ▸ on a row to see its source brief and links.
Valuation
Amounts as reported; USD estimates shown only when they matchListed 6 valuation records. Latest valuation: RMB 500B (pre-money), Oct 13, 2026.
1 listed record lack a clear date or positive USD estimate for the chart.
| Date | Amount | Investors | Sources |
|---|---|---|---|
| Oct 13, 2026 | RMB 500B (pre-money) ≈ $71.4B | CATL, CPE, IDG Capital, 中芯聚源, 君联资本, 浙江吉利控股集团, 石溪资本, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek to complete CNY 100 billion funding at about CNY 500 billion pre-money valuationDeepSeek is set to complete CNY 100 billion in funding at approximately CNY 500 billion pre-money valuation, with Shixi Capital, SummitView, CPE, Legend Capital, Geely, CATL, Tencent, IDG Capital and others participating. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Oct 6, 2026 | ~RMB 500B ≈ $74.6B · Pre-IPO | CATL, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek second funding round nears CNY 80 billion, targeting a valuation of approximately CNY 500 billionOn 2026/10/6, Bloomberg reported, citing people familiar with the matter, that DeepSeek was close to securing at least CNY 80 billion, approximately USD 12 billion, in its latest funding round. This substantially exceeded the initial target of approximately CNY 50 billion, with the final total potentially approaching CNY 100 billion. The target valuation was approximately CNY 500 billion, about USD 74.6 billion. CATL and Tencent had made the largest funding commitments, and the process was nearing completion. This was DeepSeek's second external funding round, following CNY 51 billion raised in month 6 at a post-money valuation near CNY 400 billion. It was preparing for a STAR Market IPO in early 2027. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Sep 24, 2026 | RMB 500B · Pre-IPO | 1 source Source ↗ | |
Evidence DeepSeek advances second funding round, seeks USD 7.5 billion, exceeds USD 1 billion annualized revenueOn 2026/9/24, 36Kr reported that China’s DeepSeek was advancing its second funding round, seeking CNY 50 billion, approximately USD 7.5 billion, at a target valuation of CNY 500 billion, with completion planned before the end of month 10. CEO Liang Wenfeng disclosed annualized revenue exceeding USD 1 billion at an investor meeting. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Aug 28, 2026 | ~$74B (pre-money) · Pre-IPO | AI, CATL, 京东, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek is closing a second external round of roughly 50 billion yuan ($7.4B)In late 2026/8, genztech reported that Chinese AI large-model company DeepSeek was nearing completion of its second external funding round, totaling approximately CNY 50 billion, or approximately USD 7.4 billion, at a pre-money valuation of approximately USD 74 billion. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Aug 5, 2026 | ~$74B (pre-money) | 1 source Source ↗ | |
Evidence DeepSeek plans second round, seeking CNY 50 billionOn 2026/8/5, IT Home reported claims that China’s DeepSeek had restarted its second funding round, seeking CNY 50 billion, approximately USD 7.405 billion, at a pre-money valuation of approximately CNY 500 billion, approximately USD 74.046 billion. Signing was expected in the latter part of month 8. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Jun 16, 2026 | over $50B · Seed | CATL, Liang Wenfeng, National AI Industry Investment Fund, 腾讯 | 1 source Source ↗ |
Evidence DeepSeek completes first external round, raising more than USD 7.4 billion at valuation above USD 50 billionOn 2026/6/16, The Decoder reported that China’s DeepSeek had completed its first external funding round, raising more than CNY 50 billion, approximately USD 7.4 billion, at a valuation exceeding USD 50 billion. Translated source brief, not a quotation. Check the original before citing. Sources · 1
CATL, Liang Wenfeng, National AI Industry Investment Fund, 腾讯 | |||
Select ▸ on a row to see its source brief and links.
Revenue
Amounts as reported; USD estimates shown only when they matchListed 2 revenue records. Latest revenue: $1B (ARR), Sep 25, 2026.
1 listed record lack a clear date or positive USD estimate for the chart.
| Revenue date | Amount | Sources |
|---|---|---|
| Sep 25, 2026 | $1B (ARR) | 1 source Source ↗ |
Evidence DeepSeek reaches USD 1 billion in ARROn 2026/9/25, Thenews reported that DeepSeek disclosed annual recurring revenue (ARR) of USD 1 billion in the AI Core sector. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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| Sep 24, 2026 | 年化营收10亿美元 · Pre-IPO | 1 source Source ↗ |
Evidence DeepSeek advances second funding round, seeks USD 7.5 billion, exceeds USD 1 billion annualized revenueOn 2026/9/24, 36Kr reported that China’s DeepSeek was advancing its second funding round, seeking CNY 50 billion, approximately USD 7.5 billion, at a target valuation of CNY 500 billion, with completion planned before the end of month 10. CEO Liang Wenfeng disclosed annualized revenue exceeding USD 1 billion at an investor meeting. Translated source brief, not a quotation. Check the original before citing. Sources · 1
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Select ▸ on a row to see its source brief and links.
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Original source text
Names may use phonetic renderings when no English name is supplied. The original wording is retained below.
开放权重通用大模型研发商 深度求索（DeepSeek）是杭州的一家人工智能公司，由量化基金幻方量化持股，发布开放权重大语言模型。