Noesion Radarnoesion.ai
Market2026-10-22

DeepSeek raised about 100 billion yuan in its latest funding round. Investors include GigaDevice, Meituan and Geely. CATL and Tencent were among the biggest backers. Midea and NetEase also participated. Other investors include Boyu Capital, CPE and Legend Capital. The round exceeded 15 investors. DeepSeek doubled its original target of 50 billion yuan. The company is valued at 500 billion yuan before new capital. The fundraising is set to complete in the coming days. Financial details and investor lineup could still change. DeepSeek aims to start its IPO process this year. It hired CITIC Securities for a potential STAR Market float. The figures come from four people with knowledge of the matter.

  • 100 billion yuan raised
  • $14.98 billion equivalent
  • 500 billion yuan pre-money valuation
  • 15+ investors

Sources

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