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DeepSeek plans second round, seeking CNY 50 billion

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News brief

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.

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  1. www.ithome.com ↗Published Aug 5, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2026年8月5日,据IT之家报道,消息称中国DeepSeek重启第二轮融资,计划募资500亿元人民币、约合74.05亿美元,投前估值约5000亿元、约合740.46亿美元,预计8月下旬完成签约。