Noesion Radarnoesion.ai
Market2026-10-06

DeepSeek may double its funding round to 100 billion yuan. State-backed and corporate investors are driving demand. Individual investor funds are being excluded from the round. The amount could still shift before final talks conclude. DeepSeek seeks a $75 billion valuation. Its first external round in June raised 50 billion yuan. The company prepares for a possible Shanghai IPO in early 2027. Talks were briefly paused after founder comments on U.S. AI leads. CITIC Securities is advising on the listing. Moonshot AI also targets an early-2027 IPO.

What changed

DeepSeek initially targeted 50 billion yuan for this round.

What it unlocks

Raising up to twice the capital for AI development and a planned Shanghai listing.

  • 100 billion yuan target
  • 50 billion yuan initial target
  • $75 billion valuation sought
  • 50 billion yuan raised in June

Sources

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