# DeepSeek

Open-weight general-purpose large model developer.

DeepSeek is a Hangzhou-based AI company held by the quantitative fund High-Flyer Quant, releasing open-weight large language models.

Canonical: https://uniquebase.ai/companies/shenduqiusuo
Stable identifier: UB-C2859
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T20:12:54.276Z

## Funding

Listed 6 records.
Latest: RMB 100B, 2026-10-13.

- 2026-10-13 · 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 · https://36kr.com/newsflashes/4023639578038151
  > DeepSeek 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)
- 2026-10-06 · at least RMB 80B (≈ $12B) · Pre-IPO · CATL, 腾讯 · https://www.tmtpost.com/8159961.html
  > On 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)
- 2026-09-24 · 拟募资500亿元人民币（约75亿美元） · Pre-IPO · https://pitchhub.36kr.com/financing-flash
  > On 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)
- 2026-08-28 · ~RMB 50B (≈ $7.4B) · Pre-IPO · AI, CATL, 京东, 腾讯 · https://genztech.blog/funding-tracker/
  > 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)
- 2026-08-05 · 拟募约74.05亿美元（500亿元人民币） · https://www.ithome.com/0/985/825.htm
  > On 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)
- 2026-06-16 · over $7.4B · Seed · CATL, Liang Wenfeng, National AI Industry Investment Fund, 腾讯 · https://the-decoder.com/deepseek-takes-outside-money-for-the-first-time-at-a-50-billion-valuation
  > On 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)

## Valuation

Listed 6 records.
Latest: RMB 500B (pre-money), 2026-10-13.

- 2026-10-13 · 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 · https://36kr.com/newsflashes/4023639578038151
  > DeepSeek 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)
- 2026-10-06 · ~RMB 500B (≈ $74.6B) · Pre-IPO · CATL, 腾讯 · https://www.tmtpost.com/8159961.html
  > On 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)
- 2026-09-24 · RMB 500B · Pre-IPO · https://pitchhub.36kr.com/financing-flash
  > On 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)
- 2026-08-28 · ~$74B (pre-money) · Pre-IPO · AI, CATL, 京东, 腾讯 · https://genztech.blog/funding-tracker/
  > 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)
- 2026-08-05 · ~$74B (pre-money) · https://www.ithome.com/0/985/825.htm
  > On 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)
- 2026-06-16 · over $50B · Seed · CATL, Liang Wenfeng, National AI Industry Investment Fund, 腾讯 · https://the-decoder.com/deepseek-takes-outside-money-for-the-first-time-at-a-50-billion-valuation
  > On 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)

## Revenue

Listed 2 records.
Latest: $1B (ARR), 2026-09-25.

- 2026-09-25 · $1B (ARR) · https://www.thenews.com.pk/latest/1417424-chinese-ai-startup-deepseek-hits-1-billion-annualized-revenue-run-rate-following-api-price-hikes
  > On 2026/9/25, Thenews reported that DeepSeek disclosed annual recurring revenue (ARR) of USD 1 billion in the AI Core sector. (translated source brief)
- 2026-09-24 · 年化营收10亿美元 · Pre-IPO · https://pitchhub.36kr.com/financing-flash
  > On 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)

## Team

- [Liang Wenfeng](/people/liang-wenfeng)

## Products

- [DeepSeek](/products/deepseek)
- [DeepSeek Bot](/products/deepseek-bot)
- [deepseek Kaifangpingtai](/products/deepseek-kaifangpingtai)
- [DeepSeek R1](/products/deepseek-r1)
- [DeepSeek.ai](/products/deepseekai)
- [DeepSeek.ai](/products/deepseek-ai)

## Investors

- [AI](/institutions/guojia-ai-fund)
- [CATL](/institutions/catl)
- [CPE](/institutions/cpe-yuanfeng)
- [IDG Capital](/institutions/idg-capital)
- [Liang Wenfeng](/institutions/liang-wenfeng)
- [National AI Industry Investment Fund](/institutions/national-ai-industry-investment-fund)
- [中芯聚源](/institutions/zhongxinjuyuan)
- [京东](/institutions/jingdong)
- [君联资本](/institutions/junlian-capital)
- [浙江吉利控股集团](/institutions/zhejiang-jili-holdings-group)
- [石溪资本](/institutions/shixi-capital)
- [腾讯](/institutions/tengxun)

## Sources

- No source links are available for this profile.